SPARK has uploaded all Russian company financial statements for 2020

Benchmarking studies for 2021 can begin

Benchmarking studies for 2021 can begin

On 17 April 2021, JSC “Interfax” announced that it had completed the upload of 2020 financial statements from Russian companies to the SPARK database (more than 2.1 million companies filed reporting in this period).

The use of 2020 financials allows Russian companies to perform benchmarking studies for 2021. Our KPMG specialists will be pleased to answer any questions you may have about benchmarking practice or transfer pricing audits, pre-audit procedures or substantiating the arm’s length level of prices – and all of this within the challenges brought by the COVID-19 pandemic. Detailed information about our services, including on how we can help you enter into pricing agreements with the tax authorities, is available on the KPMG website.