The Polish tax authority has launched a public consultation on draft explanatory notes for the new requirements for the preparation of local transfer pricing documentation (local file) in respect of transactions in relation to jurisdictions applying harmful tax regimes (tax havens). Comments should be submitted by 20 April 2021. As previously reported, the requirements were introduced as part of tax legislation for 2021 and include that: Documentation must be prepared if a taxpayer carries out transactions other than controlled transactions with an entity resident in a tax haven and the value exceeds PLN 100,000 for the year; and Documentation must...