Author
Dr. Roland A. Pfister
Introduction
The article critically examines the evolution of the global Tax Transparency framework, questioning whether it has become overly complex and inefficient. While transparency aims to help tax authorities enforce domestic laws and curb tax evasion, the rapid proliferation of overlapping regulations, such as OECD’s BEPS measures, FATCA, and the EU’s DAC directives, has led to high compliance costs and administrative burdens. Developing countries, in particular, struggle with the financial and technical demands of implementation. The article suggests that while transparency improves tax collection and governance, excessive complexity undermines its effectiveness. Simplification and alternative models, such as withholding tax agreements, may offer more practical solutions.
Verlag: Oxford University Press
