This template is typically used to update the Master file for a multinational group (prepared as per BEPS Action 13 / OECD Guidelines) for previous year in a simple and easy to follow manner.

This update template is designed under the assumption that the relevant facts and circumstances for the multinational group under review did not change significantly vis-à-vis the previous year. This implies that the group’s organizational structure, its business operations and value chain, its intangible assets, its intercompany financial activities and its financial and tax position remained largely the same. This Master file template acknowledges that the group was not subject to any significant changes and reconfirms the situation as described in the previous year’s Master file.