Persistent, huge VAT fraud issues push tax authorities to adopt Machine Learning and Generative Artificial Intelligence National tax agencies in Europe and beyond are increasingly turning to Artificial Intelligence tools to help bring down stubborn Value Added Tax fraud leakage. The EU estimates it loses
Artificial Intelligence replacing employment means dangerous drops in government revenues. Taxing AI isn’t the solution. Whether as a labour efficiency tool or complete displacement of workers, Artificial Intelligence (AI) is set to undermine the established economic model. At stake is lost income, or even jobs,
e-Bright singles out VATCalc as number one Challenger in global tax tech community In its new global tax tech league tables, e-Bright, the tax education company, has named VATCalc top of its “Challengers” category. Contact us for a free demo. This is based on VATCalc’s
As tax authorities mandate live VAT transaction reporting can tax engines tackle the new determination risks? Calculating the right VAT on complex and international transactions has always been a challenge – often left to manual checking in the few weeks when a VAT return becomes
