ATO Provides Guidance on the Local and Master File 2024

The Australian Taxation Office (ATO) has published guidance on the local and master file in 2024, which relates to reporting periods starting from 1 January 2023. This includes the Local file instructions 2024 and the Local file/master file 2024.

Local file instructions 2024

These instructions are to be used when completing the 2024 local file as part of the country-by-country reporting obligations and includes the following sections:

How these instructions apply

Use these instructi…