While most businesses have a tax transparency strategy, many cite concerns about effectively executing it that range from stakeholder buy-in to verifying the quality of data. Such concerns underscore the pressure on businesses to respond to an ever-increasing demand for tax transparency.

Concern levels regarding tax transparency disclosure strategy execution

No concern at all

Low concern

Moderate concern

High concern

Very high concern

Getting appropriate assurance to prove

comfort to senior leadership

7%

26%

38%

27%

2%

Ensuring your tax governance and controls

are in line with your public statements

5%

25%

43%

26%

1%

Sourcing and verifying the data included

in your disclosure

6%

24%

44%

24%

2%

Assessing the strategic risks (and opportunities)

associated with disclosures

27%

40%

24%

8%

1%

Understanding the relevant requirements

and standards

6%

26%

44%

23%

1%

No concern at all

Low concern

Moderate concern

High concern

Very high concern

Getting appropriate assurance to prove

comfort to senior leadership

7%

26%

38%

27%

2%

Ensuring your tax governance and controls

are in line with your public statements

5%

25%

43%

26%

1%

Sourcing and verifying the data included

in your disclosure

6%

24%

44%

24%

2%

Assessing the strategic risks (and opportunities)

associated with disclosures

40%

24%

8%

27%

1%

Understanding the relevant requirements

and standards

6%

26%

44%

23%

1%

No concern at all

Low concern

Moderate concern

High concern

Very high concern

Getting appropriate assurance to prove comfort to senior leadership

7%

26%

38%

27%

2%

Ensuring your tax governance and controls are in line with your public statements

5%

25%

43%

26%

1%

Sourcing and verifying the data included in your disclosure

6%

24%

44%

24%

2%

Assessing the strategic risks (and opportunities) associated with disclosures

40%

24%

8%

27%

1%

Understanding the relevant requirements and standards

6%

26%

44%

23%

1%

No concern at all

Low concern

Moderate concern

High concern

Very high concern

Getting appropriate assurance to prove comfort to senior leadership

7%

26%

38%

27%

2%

Ensuring your tax governance and controls are in line with your public statements

5%

25%

43%

26%

1%

Sourcing and verifying the data included in your disclosure

6%

24%

44%

24%

2%

Assessing the strategic risks (and opportunities) associated with disclosures

40%

24%

8%

27%

1%

Understanding the relevant requirements and standards

6%

26%

44%

23%

1%

Deloitte, 2024