The whole point (or at least the main point) of the tax paperwork is to be able to produce them to tax investigators.
If you don't want to share anything, then it's easier not to do the accounting. Which I guess is severally illegal globally.
It's called "object lifecycle management", because I guess fraud was too catchy.
Or are you talking about deliberate destruction of accounting records, which are required to be held by the relevant law of the governments?
[0]:https://www.legaldive.com/news/doj-google-spoliation-hangout...
Either "the law" can be trusted, and there's no point to deleting data after a cut-off date, or the reverse is true and you're no worse off getting caught deleting data.
I believe the law actually provides a middle ground. You're liable for tax fraud for X years, but you're allowed to delete the data after Y years. Since X > Y you make it much harder for the tax office to sue you if you delete data. Plus make it pointless for them to use their other investigative powers against you, which is in reality more important, especially for smaller firms.