On 1 January 2019, another amendment to the transfer pricing legislation entered into force. The new regulations imposed an obligation on taxpayers to prepare local transfer pricing documentation for each controlled transaction of homogeneous nature whose value exceeds certain documentation thresholds. The key element of the local file is now the transfer pricing analysis, which is a mandatory element of each local transfer pricing documentation (with some exceptions). Under the current legal status, taxpayers are also obliged to submit electronic transfer pricing information (TPR-C/ TPR-P) instead of the existing simplified CIT/TP and PIT/TP reports.