Companies Need to Consider the Challenges of Tax Transparency

Calls for tax transparency and the increasing interest in environmental, social, and governance continue to garner attention and levy expectations on what exactly this should entail, whose interests it should serve, and how these should be balanced.

Although the tax transparency landscape continues to become more regulated and increasingly complex to navigate (especially in Europe where there is growing pressure for companies to demonstrate they take a sustainable approach to tax) understanding why companies aren’t all jumping at the chance is an exercise worth exploring, as therein may lie an opportunity for further understanding.

Most change comes with a cost, ...