Category: Artificial Intelligence

Global switch to indirect tax set for boost from Artificial Intelligence propensity to thrive on big, defined data models The 30 year+ trend of adopting VAT, GST and other indirect taxes over direct taxes (corporate income tax; payroll taxes etc) has long been justified by

New models of Artificial Intelligence (AI) and Machine Learning (ML) are being evaluated by global tax authorities to tackle fraud As the world wrestles with the newest phase of AI – natural language tools based on reinforcement learning, such as Chat GPT – tax authorities