Application of Business Intelligence Tools for the Purposes of Comparability Analysis in Transfer Pricing

The purpose of this paper is to present possibilities offered by Business Intelligence tools for the analysis of comparative data in Transfer Pricing. Polish taxpayers have been subject to new requirements regarding the preparation of transfer pricing documentation. Namely, an obligation to perform comparability analyzes was introduced, where in most cases data from financial statements of independent comparable entities are being used. At the nearly same time Polish commercial law companies were obliged to publish their financial statements in electronic form as XML files, while the Ministry of Digitization has made available the Application Programming Interface, enabling access to public data. The authors decided to use the opportunities created by open access to financial data for the needs of the research project. The result of the research is an IT tool created using Business Intelligence technology, allowing taxpayers to prepare comparability analyzes using financial data made available on the portal of National Court Register.

Authors

Publication Details

Published
2024-11-13
DOI
https://doi.org/10.1109/informatics62280.2024.10900786
Citations
1
Primary Topic
Economic and Technological Systems Analysis
Type
article
Field-Weighted Citation Impact
0.73
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article

Application of Business Intelligence Tools for the Purposes of Comparability Analysis in Transfer Pricing

Paweł Kossecki, Magdalena Tecław
1 citations
Economic and Technological Systems Analysis
0.73
article

Application of Business Intelligence Tools for the Purposes of Comparability Analysis in Transfer Pricing

Paweł Kossecki, Magdalena Tecław
article en
1 citations

Abstract

The purpose of this paper is to present possibilities offered by Business Intelligence tools for the analysis of comparative data in Transfer Pricing. Polish taxpayers have been subject to new requirements regarding the preparation of transfer pricing documentation. Namely, an obligation to perform comparability analyzes was introduced, where in most cases data from financial statements of independent comparable entities are being used. At the nearly same time Polish commercial law companies were obliged to publish their financial statements in electronic form as XML files, while the Ministry of Digitization has made available the Application Programming Interface, enabling access to public data. The authors decided to use the opportunities created by open access to financial data for the needs of the research project. The result of the research is an IT tool created using Business Intelligence technology, allowing taxpayers to prepare comparability analyzes using financial data made available on the portal of National Court Register.

Openalex Percentile: Top 19%
Economic and Technological Systems Analysis
0.73
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