The obligation to submit a declaration on the preparation of local transfer pricing documentation applies to related entities obliged to have local transfer pricing documentation.
The taxpayer, by the end of 9 months after the end of the tax year , is required to submit a declaration on the preparation of local transfer pricing documentation, in which he declares that:
- prepared local transfer pricing documentation,
- transfer prices of controlled transactions covered by local transfer pricing documentation have been established on an arm’s length basis.
This declaration must be signed by the head of the unit, and in the event that several persons meet the criteria of the head of the unit or it is not possible to determine the head of the unit, the declaration is signed by each of the persons authorized to represent. The declaration may not be submitted by an attorney.
The declaration on the preparation of local transfer pricing documentation is submitted by means of electronic communication.
