A recent consultation by the Finnish Tax Administration gathered extensive feedback on proposals to evolve corporate reporting obligations. Stakeholders – including large corporations, SMEs, accounting firms, and industry associations – submitted observations that emphasized several key points. First, participants called for clearer, more concise guidance to reduce interpretational ambiguities. Second, there was a strong demand to streamline the filing process, including the adoption of standardized electronic templates that would lower administrative burdens. Respondents also highlighted the need for a realistic transitional period to allow companies to adapt their systems and processes without incurring disproportionate costs. Data security and privacy concerns were raised, urging the authority to implement robust safeguards within any new digital reporting framework. Additionally, suggestions were made to extend deadlines for specific sectors, such as agricultural enterprises, to accommodate seasonal cash‑flow patterns. The Tax Administration plans to incorporate these observations into the next phase of the reporting reform, aiming to enhance transparency, improve compliance rates, and support more efficient tax administration. The overall objective is to create a reporting regime that is both effective for tax enforcement and manageable for businesses, while maintaining high standards of data integrity and security.