The press service of the State Tax Service of Ukraine has announced that within the framework of the strategic EU4PFM Project aimed at modernizing and enhancing the efficiency of the tax service, the development of an innovative IT solution is ongoing. The new system, named “Automated System for Dealing with Large Data Sets for Risk Analysis in Transfer Pricing,” aims to ensure more effective tax control and adherence to the principle of an “extended arm” in controlled operations.
Currently, two key stages of the project have been successfully completed. The first stage involved initialization and preparation of technical specifications, requirements for information security, while the second stage included a detailed analysis and design of functional modules of the system, as well as the development of corresponding documentation.
The upcoming stages will involve the creation and implementation of a series of functional modules, after which the system will be ready for industrial use. The project receives support and funding within the EU4PFM Project, aimed at implementing advanced European standards and technologies in the activities of the State Tax Service of Ukraine.
This initiative will contribute to improving the efficiency of control over transfer pricing and promote the creation of a more transparent and reliable tax system in Ukraine.
Our company, Crowe Erfolg Ukraine, has extensive experience in this field and can provide a full range of transfer pricing services, including auditing transactions, preparing documentation, and consultations on compliance with legislation. Our experts are ready to collaborate with you in developing strategies that align with your needs and goals, ensuring a high level of professional ethics and service quality.
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