The threads in the caliper body are straight threads and they are not intended to provide any sealing at all, the sealing is at the tapered seat at the bottom of the threaded hole, where the flare on the end of the stock hard line forms a compression connection when the stock hard line fitting is tightened in the caliper body.
Even if the brass fitting (in your picture) has the same shape tip as the stock compression flare, it won't seal as well, hence the need for teflon tape, paste, etc. on the threads to stop the seeps and leaks. Also, with hydraulic circuits, the fewer fittings and connections the better, why not just use the stock hard line and a brake hose on each side, instead of several non-stock fittings and connections that are prone to leaking?