Legal Certainty Issues Linked to Increased Reporting

The emergence and evolution of new technologies have significantly impacted and transformed tax processes and reporting over the past decade. Digitization and the rise of new technology have made data sharing and analysis easier, contributing to a rapid increase in information gathering. While there has long been a substantial flow of information in the tax field, it was only after the global financial crisis of 2008/2009 that technology allowed for more powerful analysis of large datasets (commonly referred to as 'Big Data').1 The financial sector embraced the concept of Big Data, leading to a significant wave of data collection and information exchange between states-a trend that has persisted since then. Legislators and authorities2 have primarily focused on acquiring new information rather than streamlining and refining processes related to existing tax data.