The Swedish Tax Agency (Skatteverket) has published updated guidance for the new Master file and Local file documentation requirements, which were approved by parliament on 1 March 2017 and generally apply for fiscal years beginning on or after 1 April 2017. Master/Local File Content The guidance notes that the content requirements are designed in accordance with the OECD standard (BEPS Action 13), and include: For the Master file (group part): General description of group activity, including factors affecting profit generation; details of top five products/services and others exceeding 5% of group sales; description of major markets; description of key corporate...