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Mandatory Master File and Local File

January 1, 2025
Mandatory Master File and Local File

Mandatory Master File and Local File

Since April 2023, UK entities in multinational groups with global revenues ≥€750 million must prepare Master and Local Files aligned with OECD standards and hold them contemporaneously with their tax returns. Applies to accounting periods from April 1, 2023.

Source:

OECD Transfer Pricing Country Profile: UK

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