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Detailed design

Last updated 8 August 2022

We have developed a local file and master file XML schema (LCMSF) and associated validation rules to enable reporting entities to submit their local file and master file to the ATO.

The design of the LCMSF allows for the local file's three components and the master file to be submitted independently of each other.

The LCMSF comprises the following sections:

You should also refer to the Appendices for various relevant codes used for reporting as part of the lodgment.

Electronic lodgment

How to lodge

CBC statements (the CBC report, master file and local file) must be lodged via one of the following ATO approved channels:

CBC statements must be submitted via the above channels using a validly generated XML file, otherwise the lodgment will not be considered valid. This XML file is generated by your business management software (tax reporting or accounting software) using the ATO provided XML schema. Additionally, the XML file must adhere to our validation rules and other technical requirements.

You may need to make enquires with your software provider as to whether they support lodging CBC reporting statements to the ATO.

If the valid lodgments are not received by the due date, increased failure to lodge penalties may be imposed. You may request a deferral by emailing CBCReporting@ato.gov.au if you have difficulty in meeting the due date.

For more information on electronic lodgment, visit our Online services page.

For more information on the XML schema, validation rules and other technical documentation, visit our Significant Global Entity Obligations (SGEO) page on the SBR websiteExternal Link and the CBC software developersExternal Link site.

Amendments

When making an amendment to a previously lodged statement (or part thereof), refer to the Amendments section of our Country-by-country reporting webpage.

Cancelling lodgments

If you would like to cancel a lodgment that has been submitted, email the CBC Reporting team.

Attachments

No particular attachment naming convention is enforced, noting:

  • filenames must be unique
  • cannot exceed 255 characters
  • cannot contain the following special characters: <, >, :, ", /, \, |, ?, *.
  • filenames are not case sensitive.

There's a maximum of 500 attachments per lodgment, where the size of any single attachment cannot exceed 20Mb. All attachments embedded in the XML file must also be referenced at the appropriate LCMSF element depending on the type of attachment.

Table 3 outlines the types of attachments that are accepted. Multiple attachments can be embedded for each type:

Table 3: Supported attachment types

Attachment Code

Attachment Type

MSTR

Master file

LFSF

Local file – short form

LFPBI

IRP agreement

LFPBA

APA

LFPBR

Ruling

LFPBF

Financial statements

Table 4 lists the supported attachment formats that can be embedded within the XML file (using BASE64 encoding). Attachments cannot contain active content, that is, macros, JavaScript, etc.

Table 4: Supported attachment formats

File Extension

File type

DOC

Microsoft Word Binary File Format

DOCX

Office Open XML

XLS

Excel Binary File Format

XLSX

Office Open XML

PDF

Portable Document Format

ODT

OpenDocument Text

ODS

OpenDocument Spreadsheet

Message structure table

The following tables provide an overview of the LCMSF. The question IDs relate to the associated elements provided in the message structure table (MST) provided to digital service providers.

Reporting party information

Table 5: Statement information

Question

Question ID

Valid values

Comments

Amendment

LCMSF1

True/False

Mandatory question:

  • indicates whether this lodgment is an amendment to a previous lodgment
  • amended lodgments do not include those lodgments where additional statements (or parts thereof) are being lodged for the first time.   

 

The Reporting entity declaration is required if the statement is submitted by the reporting entity (that is the intermediary details have not been provided).

Table 6: Reporting entity declaration

Question

Question ID

Valid values

Comments

Reporting entity declaration statement accepted indicator

LCMSF55

True/False

I declare that the information transmitted in this report is to my knowledge true and correct and that I am authorised to make this declaration.

Reporting entity declaration signature date

LCMSF56

YYYY–MM–DD

The actual date on which the declaration is signed by the reporting entity

Reporting entity declaration signatory identifier

LCMSF57

A user login, a full name or an email address

Maximum of 200 characters
Table 7: Reporting period

Question

Question ID

Valid values

Comments

Income year

LCMSF236

YYYY

Mandatory question

The income year of the reporting entity to which this statement relates

Reporting period start date

LCMSF142

YYYY–MM–DD

Mandatory question

The start date of the income year of the reporting entity

Reporting period end date

LCMSF143

YYYY–MM–DD

Mandatory question

The end date of the income year of the reporting entity

Entity information

Reporting entity information

Table 8: Reporting entity information

Question

Question ID

Valid values

Comments

Reporting entity ABN

LCMSF7

ABN

A valid ABN

Reporting entity TFN

LCMSF65

TFN

Mandatory question

A valid TFN

Reporting entity name

LCMSF8

Legal name of the entity

Mandatory question

Maximum of 200 characters

Reporting entity email

LCMSF21

Email address

Mandatory question

Maximum of 200 characters

Must be a valid email address

Reporting entity phone

LCMSF22

Mobile or landline

Mandatory question

Maximum of 16 characters

Is the reporting entity the head entity of a tax consolidated group?

LCMSF15

True/False

Mandatory question

Is the reporting entity the provisional head entity of a Multiple entry consolidated (MEC) group?

LCMSF16

True/False

Mandatory question

Is the reporting entity an Offshore banking unit (OBU)?

LCMSF61

True/False

Mandatory question

Global parent entity information

Table 9: Global parent entity information

Question

Question ID

Valid values

Comments

Is the reporting entity the global parent entity?

LCMSF66

True/False

Mandatory question

If True, go to Master File section

If False, go to LCMSF11

Global parent entity name

LCMSF11

Legal name of the entity

Must be provided if LCMSF66 is False

Maximum of 200 characters

Global parent entity tax jurisdiction

LCMSF12

Country code

Must be provided if LCMSF66 is False

Global parent entity ABN

LCMSF9

ABN

If LCMSF12 is 'AU' (Australia), a valid ABN or TFN is required

Global parent entity TFN

LCMSF10

TFN

If LCMSF12 is 'AU' (Australia), a valid ABN or TFN is required

Global parent entity TIN

LCMSF194

TIN

If LCMSF12 is not 'AU' (Australia), a Tax Identification Number (TIN) is required

Master file

Table 10: Master file lodgment criteria

Question

Question ID

Valid values

Comments

Does this submission include details regarding your master file?

LCMSF138

True/False

Mandatory question

If False, go to CBC report section

If True, go to LCMSF81

Has the Commissioner of Taxation, by notice in writing, exempted you from providing the master file for this reporting period?

LCMSF81

True/False

If True, go to CBC report section

If False, go to LCMSF121

Have you been granted a replacement reporting period for the master file?

LCMSF121

True/False

If True, replacement reporting period dates must be provided

If False, go to LCMSF196

Replacement reporting period start date

LCMSF122

YYYY–MM–DD

The start date of the replacement reporting period

Replacement reporting period end date

LCMSF123

YYYY–MM–DD

The end date of the replacement reporting period

How is the master file for your global group being lodged?

LCMSF196

1, 2

1 = Lodgment to the ATO via the reporting entity

2 = Lodgment to the ATO via another entity

Is your lodgment of the master file also on behalf of other entities forming part of your global accounting group (outside your tax consolidated group)?

LCMSF76

True/False

Required if LCMSF196 = 1

If True, LCMSF77 or LCMSF78 and LCMSF233 must be provided

Entity ABN(s)

LCMSF77

ABN

Either valid ABNs or TFNs must be provided. Provide the ABN and/or the TFN for each entity forming part of your global accounting group but outside your tax consolidated group. The ABN and/or TFN for each entity must be provided together as a set with the entity name.

Entity TFN(s)

LCMSF78

TFN

Either valid ABNs or TFNs must be provided. Provide the ABN and/or the TFN for each entity forming part of your global accounting group but outside your tax consolidated group. The ABN and/or TFN for each entity must be provided together as a set with the entity name.

Entity name(s)

LCMSF233

Legal name of entity

Provide the entity name for each entity forming part of your global accounting group but outside your tax consolidated group as a set with its ABN and/or TFN.

Please confirm that you have attached the master file

LCMSF124

True/False

Required if LCMSF196 = 1 and must be True

The master file should meet the information requirements as outlined in Annexe I of the OECD GuidanceExternal Link

Filename(s) for the master file

LCMSF197

Filename including extension

Required if LCMSF196 = 1 and at least one filename must be provided

See Attachments

Entity ABN

LCMSF19

ABN

Applicable if LCMSF196 = 2

Either a valid ABN or TFN is required

Entity TFN

LCMSF20

TFN

Applicable if LCMSF196 = 2

Either a valid ABN or TFN is required

Entity name

LCMSF232

Legal name of entity

Required if LCMSF196 = 2

CBC report notification

Table 11: CBC report – notification

Question

Question ID

Valid values

Comments

Does this submission include details regarding your CBC report?

LCMSF139

True/False

Mandatory question

If False, go to Local file section

If True, go to LCMSF69

Has the Commissioner, by notice in writing, exempted you from providing the CBC report for this reporting period?

LCMSF69

True/False

If True, go to Local file section

If False, go to LCMSF125

Have you been granted a replacement reporting period for the CBC report?

LCMSF125

True/False

If True, replacement reporting period dates must be provided

If False, go to LCMSF114

Replacement reporting period start date

LCMSF126

YYYY–MM–DD

The start date of the replacement reporting period

Replacement reporting period end date

LCMSF127

YYYY–MM–DD

The end date of the replacement reporting period

Are the details you are submitting regarding the CBC report also on behalf of other entities forming part of your global accounting group but outside your tax consolidated group?

LCMSF114

True/False

If True, LCMSF115 or LCMSF116 and LCMSF235 must be provided

If False, go to LCMSF199

Entity ABN(s)

LCMSF115

ABN

Either valid ABNs or TFNs must be provided. Provide the ABN and/or the TFN for each entity forming part of your global accounting group but outside your tax consolidated group. The ABN and/or TFN for each entity must be provided together as a set with the entity name.

Entity TFN(s)

LCMSF116

TFN

Either valid ABNs or TFNs must be provided. Provide the ABN and/or the TFN for each entity forming part of your global accounting group but outside your tax consolidated group. The ABN and/or TFN for each entity must be provided together as a set with the entity name.

Entity name(s)

LCMSF235

Legal name of entity

Provide the entity name for each entity forming part of your global accounting group but outside your tax consolidated group as a set with its ABN and/or TFN.

How is the CBC report for your global group being lodged?

LCMSF199

1, 2, or 3

1 = Lodgment to the ATO via the reporting entity

2 = Lodgment to the ATO via another entity

3 = Lodgment via an overseas jurisdiction

Are you filing the CBC report as a surrogate parent entity with the filing intended to meet a CBC reporting obligation in other jurisdictions?

LCMSF140

True/False

Required if LCMSF199 = 1

Entity ABN

LCMSF72

ABN

Applicable if LCMSF199 = 2

Either a valid ABN or TFN must be provided

Entity TFN

LCMSF73

TFN

Applicable if LCMSF199 = 2

Either a valid ABN or TFN must be provided

Entity name

LCMSF234

Legal Name of Entity

Required if LCMSF199 = 2

Foreign entity name

LCMSF71

Legal Name of Entity

Required if LCMSF199 = 3

Foreign entity TIN

LCMSF201

TIN

Required if LCMSF199 = 3

Foreign entity tax jurisdiction

LCMSF74

Country code

Required if LCMSF199 = 3

Local file

Table 12: Local file

Question

Question ID

Valid values

Comments

Does this submission include details regarding your local file?

LCMSF137

True/False

Mandatory question

If False, go to Intermediary section

If True, go to LCMSF117

Has the Commissioner, by notice in writing, exempted you from providing the local file for this reporting period?

LCMSF117

True/False

If True, go to Intermediary section

If False, go to LCMSF119

Which parts of the local file are you lodging in this submission?

LCMSF119

Local file – short form, Local file – Part A, Local file – Part B

Required if LCMSF137 is True and LCMSF117 is False

At least one value must be provided

Is your lodgment of the Local file – Part A being made as part of the ‘administrative solution’?

LCMSF68

True/False

Must be provided if LCMSF119 = Local file – Part A

Administrative solution

Have you been granted a replacement reporting period for the local file?

LCMSF120

True/False

If True, replacement reporting period dates must be provided

Replacement reporting period start date

LCMSF13

YYYY–MM–DD

The start date of the replacement reporting period

Replacement reporting period end date

LCMSF14

YYYY–MM–DD

The end date of the replacement reporting period

Local file – short form

This section must be completed if you have selected that you will be providing the local file – short form as part of this submission at LCMSF119.

Table 13: Local file – short form

Question

Question ID

Valid values

Comments

Did you engage in IRP transactions or dealings listed on the short form exceptions list for the reporting period?

LCMSF27

True/False

Mandatory question

Did you have less than $2m in aggregate IRPDs for the reporting period?

LCMSF28

True/False

Mandatory question

What is an IRP and IRPD?

Did you meet the criteria for the Small taxpayers STPRK option for the reporting period?

LCMSF29

True/False

Mandatory question

Small taxpayers STPRK option

Did you meet the criteria for the Materiality STPRK option for the reporting period?

LCMSF30

True/False

Mandatory question

Materiality STPRK option

Please confirm that you have attached the Local file – short form

LCMSF82

True/False

Mandatory question

Must be True

Filename(s) for the short form

LCMSF204

Filename including extension

Mandatory question

At least one filename must be provided

See Attachments

Local file – Part A

This section must be completed if you have selected that you will be providing the Local file – Part A as part of this submission at LCMSF119.

Table 14: Local file – Part A

Question

Question ID

Valid values

Comments

Transaction Identifier 

LCMSF31

Number

Mandatory question

Incrementing number for each transaction that is used to link Part A and Part B.
Provide a unique number for each transaction, beginning at 1.

Related transaction identifier(s) 

LCMSF206

Number

See Related transaction identifier(s).

Transaction type 

LCMSF32

Transaction category

Mandatory question

See Appendix B

Is this transaction part of a relevant agreement series (RAS)? 

LCMSF33

True/False

Mandatory question

See Local file – Part B: Guidance on providing international related party agreements

How many transactions are part of the RAS? 

LCMSF35

Low / Moderate / High

Applicable if LCMSF33 = True

Low = 1–5
Moderate = 6–50
High = 51 or more

Australian counterparty name 

LCMSF207

Legal Name of the Entity

Mandatory question

Maximum of 200 characters

Australian counterparty ABN 

LCMSF83

ABN

Either a valid ABN or TFN is required

Australian counterparty TFN 

LCMSF84

TFN

Either a valid ABN or TFN is required

Non-resident counterparty name 

LCMSF37

Legal name of the entity

Mandatory question

Maximum of 200 characters

Non-resident counterparty tax jurisdiction 

LCMSF38

Country code

Mandatory question

Was the transaction/RAS entered into by the non-resident counterparty in the course of its business operations carried on through a permanent establishment in a different country to its country of tax residence? 

LCMSF208

True/False

Mandatory question

Country of permanent establishment of non-resident counterparty 

LCMSF209

Country code

Required if LCMSF208 is True

Must not be the same country code as provided at LCMSF38

Must not be provided if LCMSF208 is False

Amount of consideration paid (of a capital nature for income tax purposes) for the transaction 

LCMSF39

$XX,XXX,XXX,XXX.XX

Mandatory question

Amounts reported can contain the full amount in dollars and cents.

Amount of consideration received (of a capital nature for income tax purposes) for the transaction 

LCMSF40

$XX,XXX,XXX,XXX.XX

Mandatory question

Amounts reported can contain the full amount in dollars and cents.

Was non-monetary consideration provided (of a capital nature for income tax purposes) for the transaction? 

LCMSF85

True/False

Mandatory question

Was non-monetary consideration obtained (of a capital nature for income tax purposes) for the transaction? 

LCMSF86

True/False

Mandatory question

Amount of expenditure (not of a capital nature for income tax purposes) for the transaction 

LCMSF41

$XX,XXX,XXX,XXX.XX

Mandatory question

Amounts reported can contain the full amount in dollars and cents.

Amount of revenue (not of a capital nature for income tax purposes) for the transaction 

LCMSF42

$XX,XXX,XXX,XXX.XX

Mandatory question

Amounts reported can contain the full amount in dollars and cents.

Average balance of debt interests issued (Inbound Borrowings)

LCMSF210

$XX,XXX,XXX,XXX.XX

Applicable only if transaction category is OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI or OKDI, FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Mandatory if LCMSF211 is provided

Must not be provided if LCMSF212 and LCMSF213 are present

Amounts reported can contain the full amount in dollars and cents.

Capitalised interest deducted 

LCMSF211

$XX,XXX,XXX,XXX.XX

Applicable only if transaction category is OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI, OKDI or FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Mandatory if LCMSF210 is provided

Must not be provided if LCMSF212 and LCMSF213 are present

Amounts reported can contain the full amount in dollars and cents.

Average balance of debt interests held (Outbound Loans)

LCMSF212

$XX,XXX,XXX,XXX.XX

Applicable only if transaction category is OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI OKDI or FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Mandatory if LCMSF213 is provided

Must not be provided if LCMSF210 and LCMSF211 are present

Amounts reported can contain the full amount in dollars and cents.

Capitalised interest returned 

LCMSF213

$XX,XXX,XXX,XXX.XX

Applicable only if transaction category is OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI,OKDI, FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Mandatory if LCMSF212 is provided

Must not be provided if LCMSF210 and LCMSF211 are present

Amounts reported can contain the full amount in dollars and cents.

Book values 

LCMSF214

$XX,XXX,XXX,XXX.XX

Applicable only if transaction category is IDF, ODF, IDSEC or ODSEC

Amounts reported can contain the full amount in dollars and cents.

Was non-monetary consideration provided (not of a capital nature for income tax purposes) for the transaction 

LCMSF44

True/False

Mandatory question

Was non-monetary consideration obtained (not of a capital nature for income tax purposes) for the transaction 

LCMSF45

True/False

Mandatory question

Is the debt interest (including borrowing/loan) interest- free?

LCMSF237

True/False

Mandatory if transaction category is OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI, OKDI, FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Did you enter into a deferred foreign currency payment arrangement in relation to this transaction 

LCMSF215

True/False

See 'Reporting FX gains and losses for deferred foreign currency payment arrangements for certain qualifying transaction categories'

Applicable only if transaction category is TPRN, TRS, MAS, INSERV, REINSERV, RD, SAM, SITS, TS, LS, AM, OS, RRP, HLPE, SBER, RUIP, ORSR, LF or LHORP

Foreign currency reporting type 

LCMSF216

1, 2

Applicable only if LCMSF215 is True

1 = Short term foreign currency deferred payment arrangements

2 = Longer term foreign currency deferred payment arrangements

Foreign currency code 

LCMSF217

Currency CodesExternal Link

Required if LCMSF216 = 1 or 2

Amount of foreign exchange losses deducted for the transaction 

LCMSF87

$XX,XXX,XXX,XXX.XX

Applicable if LCMSF215 is False or blank

Amounts reported can contain the full amount in dollars and cents.

Foreign currency code 

LCMSF219

Currency CodesExternal Link

Applicable if LCMSF215 is False or blank

Required if amount at LCMSF87 is greater than zero

Amount of foreign exchange gains returned for the transaction 

LCMSF43

$XX,XXX,XXX,XXX.XX

Applicable if LCMSF215 is False or blank

Amounts reported can contain the full amount in dollars and cents.

Foreign currency code 

LCMSF221

Currency CodesExternal Link

Applicable if LCMSF215 is False or blank

Required if amount at LCMSF43 is greater than zero

What transfer pricing / capital asset pricing methodology has been applied to this transaction? 

LCMSF46

TP method / CAP method

Mandatory question

See Appendix C

What level of transfer pricing documentation has been prepared for this transaction? 

LCMSF47

TP Documentation / STPRK codes

Mandatory question

Both TP documentation and STPRK codes can be provided for one transaction

See Local File Instructions 2022 for which TP Documentation and STPRK codes may applicable for the relevant transaction category

See Appendix D

Has the special short term tenor rule for ordinary borrowings and ordinary loans been applied to this transaction? 

LCMSF88

True/False

Mandatory question

Must not be True when LCMSF33 is False

Must be False where the transaction category is TPRN, TRS, MAS, INSERV, REINSERV, RD, SAM, SITS, TS, LS, AM, OS, RUIP, ORSR, LF, RRP, HLPE, LHORP, SBER, CCA, ORIRPD, CCIRS, CDCSFFO, FFIRS, OIRD, CDS, CDCS, AS, OD, IDF, ODF, IDSEC, ODSEC, GILDI, GIOKL, IN, REIN, OFD, RPRT, PLEQ, OTPRTY, ASIP, IOSH, AOSH, IEIOOS, AQIOS, ASSD, ASSL, ASSBC or ASSOPR

Has the special short term tenor rule for short term derivatives been applied to this transaction? 

LCMSF128

True/False

Mandatory question

Must not be True when LCMSF33 is False

Must be False where the transaction category is TPRN, TRS, MAS, INSERV, REINSERV, RD, SAM, SITS, TS, LS, AM, OS, RUIP, ORSR, LF, RRP, HLPE, LHORP, SBER, CCA, ORIRPD, IDF, ODF, IDSEC, ODSEC, GILDI, GIOKL, IN, REIN, OFD, RPRT, PLEQ, OTPRTY, ASIP, IOSH, AOSH, IEIOOS, AQIOS, ASSD, ASSL, ASSBC, ASSOPR, OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI,OKDI, FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Has the special short term tenor rule for FX derivatives been applied to this transaction? 

LCMSF129

True/False

Mandatory question

Must not be True when LCMSF33 is False

Must be false where the transaction category is TPRN, TRS, MAS, INSERV, REINSERV, RD, SAM, SITS, TS, LS, AM, OS, RUIP, ORSR, LF, RRP, HLPE, LHORP, SBER, CCA, ORIRPD, IDF, ODF, IDSEC, ODSEC, GILDI, GIOKL, IN, REIN, OFD, RPRT, PLEQ, OTPRTY, ASIP, IOSH, AOSH, IEIOOS, AQIOS, ASSD, ASSL, ASSBC, ASSOPR, OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI,OKDI, FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Is this transaction an OB Activity? 

LCMSF63

True/False

Can only be True when LCMSF32 is True and the transaction category is TPRN, TRS, MAS, INSERV, REINSERV, RD, SAM, SITS, TS, LS, AM, OS, RUIP, ORSR, LF, RRP, HLPE, LHORP, CCA, ORIRPD, CCIRS, CDCSFFO, FFIRS, OIRD, CDS, CDCS, AS, OD, OBL, TFIN, BND, PNOT, CNTDI, CSTDI, RPSDI, OKDI, IDF, ODF, IDSEC, ODSEC, GILDI, GIOKL, IN, REIN, OFD, FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

Must be False where, transaction category is RPRT, PLEQ, OTPRTY, ASIP, IOSH, AOSH, IEIOOS, AQIOS, ASSD, ASSL, ASSBC, ASSOPR or SBER

Is this transaction covered by an exclusion list category? 

LCMSF48

True/False

Mandatory question

Must be False where transaction category is RUIP, ORSR, LF, RRP, HLPE, LHORP, CCIRS, CDCSFFO, FFIRS, OIRD, CDS, CDCS, AS, OD, SBER, IDF, ODF, IDSEC, ODSEC, GILDI, GIOKL, IN, REIN, OFD, RPRT, PLEQ OTPRTY, FCDSTTS, FCDPTTS, FCDAPS, FCDAAS, FCDRRP, FCDRRPI, FCDHLP, FCDHLPE, FCDSBER, FCDSBERI, FCDRUIP, FCDRUIPI, FCDORSR, FCDORSRI, FCDLF, FCDLFI, FCDLHORP or FCDLHORPI

What exclusion list category applies to this transaction? 

LCMSF49

Exclusion list category code

Applicable only if LCMSF48 is True

See Local File Instructions 2022 for which exclusion list category codes may applicable for the relevant transaction category

See Appendix E

Transaction comments 

LCMSF222

Text

Maximum of 4096 characters

When transaction category is OS, ORIRPD, OD, OKDI or OFD then a short description of the kind of 'other' transaction must be provided at the Transaction Comments

Local file – Part B

This section is required if you have selected that you will be providing the Local file – Part B as part of this submission at LCMSF119.

For more information on providing IRP agreements in the Local file – Part B, see: Local file – Part B: Guidance on providing International Related Party agreements.

Table 15: Local file – Part B

Question

Question ID

Valid values

Comments

Transaction identifier

LCMSF50

Number

Mandatory question

Incrementing number for each transaction that is used to link Part A and Part B

Which transfer pricing / capital asset pricing methodology has the IRP relied upon for this transaction?

LCMSF51

TP method / CAP method

Mandatory question

See Appendix C

Is the reporting entity unable to obtain the transfer pricing methodology the IRP relied upon for this transaction (from the IRP)?

LCMSF130

True/False

Required if LCMSF51 is 'Unknown (transfer pricing method)' or 'Unknown (capital asset pricing method)'

Is there a written agreement or other relevant documentation evidencing the terms of the agreement covering this transaction (as reported in Part A)?

LCMSF52

True/False

Mandatory question

If False, go to LCMSF106

Is the reporting entity unable to obtain from any of the related counterparties, the written agreement or other relevant documentation evidencing the terms of the agreement covering the transaction (as reported at Part A)?

LCMSF64

True/False

Required if LCMSF52 is True

If True, go to LCMSF106

Other transaction IDs covered by the agreement

LCMSF224

Number

Provide the transaction ID of other transactions (reported in Part A) that are covered by this agreement

Has this written agreement been previously provided to the ATO?

LCMSF53

True/False

Required if LCMSF52 is True and LCMSF64 is False

If False, go to LCMSF89

Did you provide the written agreement documentation for this transaction/RAS as part of your local file lodgment for a previous reporting period?

LCMSF239

True/False

Required if LCMSF53 is True

Title of the agreement(s) previously provided to the ATO

LCMSF54

Title of the IRP Agreement

Required if LCMSF53 is True

At least one filename must be provided

See Attachments

Year agreement(s) was previously provided to the ATO?

LCMSF90

YYYY

Required if LCMSF53 is True

Confirm that you have attached the agreement(s) for this transaction

LCMSF89

True/False

Must be True if LCMSF53 is False

Filename(s) of IRP agreement(s)

LCMSF225

Filename(s) of attachment(s)

Required if LCMSF89 is True

At least one filename must be provided

See Attachments

Since providing the written agreement to the ATO, has the agreement been amended?

LCMSF91

True/False

Required if LCMSF53 is True

If False, go to LCMSF106

Have the amended agreements or agreements incorporating the amendments been provided to the ATO?

LCMSF92

True/False

Required if LCMSF91 is True

Did you provide the amendment agreements or the amended agreement incorporating all the amendments for this transaction/RAS as part of your local file lodgment for a previous reporting period?

LCMSF240

True/False

Required if LCMSF92 is True

What is the title of the amendment agreements or agreement incorporating the amendments previously provided to the ATO?

LCMSF132

Title of the IRP Agreement (amendment)

Required if LCMSF92 is True

At least one filename must be provided

See Attachments

What is the year in which the amendment agreements or agreements incorporating the amendments was previously provided to the ATO?

LCMSF133

YYYY

Required if LCMSF92 is True

Please confirm that you have attached the amendments for previously provided agreements for this transaction

LCMSF131

True/False

Must be True if LCMSF92 is False

Filename(s) of the amended agreement(s)

LCMSF226

Filename(s) of attachment(s)

Required if LCMSF131 is True

At least one filename must be provided

See Attachments

Are there APAs/rulings provided by other jurisdictions for this transaction?

LCMSF106

True/False

Mandatory question

If False, go to LCMSF107

Which other Transaction IDs does that APA/ruling cover?

LCMSF228

Number

Provide the transaction ID of other transactions (reported in Part A) that are covered by this APA or ruling

Has the reporting entity previously provided these APAs/rulings to the ATO?

LCMSF134

True/False

Required if LCMSF106 is True

If False, go to LCMSF135

Did you provide the APAs/rulings for this transaction/RAS as part of your local file lodgment for a previous reporting period?

LCMSF241

True/False

Required if LCMSF134 is True

What is the filename of the APAs/ Rulings previously provided to the ATO?

LCMSF238

Filename(s) of attachment(s)

Required if LCMSF134 is True

At least one filename must be provided

See Attachments

What is the year in which the reporting entity previously provided these APAs/rulings?

LCMSF136

YYYY

Required if LCMSF134 is True

Please confirm that you have attached the relevant APAs/rulings for this transaction

LCMSF135

True/False

Must be True if LCMSF134 is False

Filename(s) of the APAs/rulings

LCMSF229

Filename(s) of attachment(s)

Required if LCMSF135 is True

At least one filename must be provided

See Attachments

Please confirm that you have attached the reporting entity’s financial accounts for the reporting period

LCMSF107

True/False

Mandatory question

Filename(s) for the financial statements

LCMSF230

Filename(s) of attachment(s)

Required if LCMSF107 is True

At least one filename must be provided

See Attachments

Intermediary

Intermediary information

This section is only required if the form is submitted by an intermediary (for example, a tax agent) on behalf of the reporting entity.

Table 16: Intermediary information

Question

Question ID

Valid values

Comments

Intermediary ABN

LCMSF2

ABN

Must be a valid ABN

Intermediary name

LCMSF3

Name of the intermediary

Maximum of 200 characters

Intermediary email

LCMSF4

Email address

Maximum of 200 characters

Must be a valid email address

Intermediary phone

LCMSF5

Mobile or landline

Maximum of 16 characters

Tax agent number (TAN)

LCMSF6

TAN

Must be a valid TAN

Intermediary declaration

Required if the statement is submitted by an intermediary.

Table 17: Intermediary declaration

Question

Question ID

Valid values

Comments

Intermediary declaration statement accepted indicator

LCMSF58

True/False

I declare that:

  • This document has been prepared in accordance with information provided by the reporting entity
  • The reporting entity has given me a declaration stating that the information provided to me for the preparation of this document is true and correct

The reporting entity has authorised me as agent to give this document to the Commissioner of Taxation on its behalf.

Intermediary declaration signature date

LCMSF59

YYYY–MM–DD

The actual date on which the declaration is signed by the intermediary

Intermediary declaration signatory identifier

LCMSF60

A user login, a full name or an email address

Maximum of 200 characters

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