Transfer pricing: development of the IT system "Big data" for the State Tax Service continues

Press service of the State Tax Service of Ukraine, published 16 January 2024 at 09:00 Chapter: News

Development of the IT solution "Automated system for working with large data sets for analyzing transfer pricing risks" as a part of the EU4PFM Project for the State Tax Service of Ukraine continues. This solution is one of measures specified in the National Revenue Strategy until 2030.

Main project goal is automation of tax control procedures to establish compliance with conditions of controlled operations to the "arm's length" principle.

To date, two stages have been completed in full and on time:

- Initialization and preparation of technical specifications of all functional modules. Technical specification requirements for a comprehensive information protection system.

- Detailed analysis and design of all functional modules. Development of project and operational documentation for a complex information protection system.

There are still several stages of creating system, after which it will be put into industrial operation.

EU4PFM continues to support State Tax Service in implementing latest European approaches and IT technologies in its activities.