Tax transparency

Tax transparency refers to the openness and clarity with which individuals, businesses, and governments disclose their tax information. It involves sharing details about income, tax rates, and payments to facilitate understanding and accountability. This transparency aims to prevent tax evasion, promote fair taxation, and enhance trust between taxpayers and authorities. By knowing how tax revenues are generated and used, citizens can make informed decisions and push for fair policies, ultimately supporting a more equitable tax system that benefits society as a whole.