Transneft switches to using VK Tax Compliance platform as part of tax monitoring

2022: Using the VK Tax Compliance Platform

The company Transneft Baltic"," a subsidiary of Transneft PJSC "" has begun to use the platform. VK Tax Compliance It is expected that by 2025 key enterprises of the Transneft group will switch to work with the VK Tax Compliance platform. This was announced on June 20, 2022 by the company. VK Digital

The platform allows you to automate exchange information tax with the service through an online showcase data and makes access to data simple and secure. The VK Tax Compliance solution allows you to compare all versions of the return, update them and provide documents for justifications for adjusting the tax base. As of June 2022, income tax data is transferred to the showcase, and the declaration is formed automatically. In 2023, information on other taxes of the enterprise will be uploaded to the showcase, and in 2024 integration , showcases with AIS "Tax-3" are planned.

Before the start of using the VK Tax Compliance platform, Transneft-Baltika poisoned more than a thousand documents a year with the tax inspectorate, and this is only for income tax, "said Andrey Badalov, vice president of Transneft. - We initially chose interaction with the Federal Tax Service of Russia through the data store. It is she who allows you to build a reporting disclosure system from the final declaration to primary documents. The decisive factor in choosing a solution from VK was the ability not to redo its tax accounting system. This made it possible to significantly reduce the time and resources when implementing the tax data showcase.

"The tax monitoring regime contributes to the development of transparency and trust between business and the state, therefore, interest on the part of companies in this method of interaction with government agencies is steadily growing. The VK Tax Compliance platform allows you to aggregate tax data in a single information system, identify discrepancies in tax indicators before disclosing them, monitor risks and perform control procedures. As of June 2022, Transneft-Baltika discloses in VK Tax Compliance the company's data on the most complex tax - income - and also provides documents from internal control systems. This helps to avoid fines and promptly consult tax experts on controversial issues. At the next stage, information on other types of taxes will be available in the data store: property, transport tax, personal income tax, insurance premiums and others, - explained Andrey Chernenko, director of the platform services B2G VK Digital Technologies.