tax transparency initiatives

Tax transparency initiatives aim to make how companies and individuals report and pay taxes clear and accessible. They promote sharing financial information with governments and the public to prevent tax evasion, encourage fair tax practices, and ensure everyone pays their fair share. These initiatives often involve international cooperation, setting rules for responsible reporting, and fighting secrecy in financial dealings. The goal is to build trust, reduce corruption, and create a more equitable global economy by making tax information more open and accountable.