According to the explanations of the MoF, group entities that are liable for preparation of local transfer pricing documentation are also required to submit additional statement. According to the PIT and CIT acts, this statement must be signed by the head of the unit by the end of the ninth month after the end of the financial or tax year.
In that statement, the group entity should confirm that the local transfer pricing documentation has been prepared and that the transfer prices of the transactions covered by documentation have been set on the conditions that unrelated entities would agree among themselves.
