Tax Transparency - Transparency - Trust

Being transparent about tax is a fundamental way for companies to demonstrate their commitment to social responsibility. Tax is a crucial part of the contribution to society. Being transparent about tax is a contribution to society. 

As a significant global trend tax transparency is now backed by global institutions including the UN PRI, OECD and EU, and is being discussed by others. 

Tax Transparency as an indicator of the maturity and responsibility of business.

The key opportunity for companies is to realize the importance of Tax Transparency in the context of wider ESG principles and regulations and to gain awareness of how Tax Transparency and efficient, modernized Tax Function could help their operations. 

A number of voluntary tax-transparency initiatives in the CEE and Eurasia, such as the increasingly prevalent national cooperative compliance programmes provide for a constructive path towards increasing the transparency of individual entities in cooperation with relevant tax authorities.