AI and Tax Authorities: Balancing Innovation and Oversight

The use of AI by national and international tax authorities continues to develop at a rapid pace: helping to deliver more sophisticated levels of support, conduct more efficient and better targeted audits, detect anomalies, ensure better tax compliance, and ultimately, combat tax evasion. According to a briefing published by the Organization for Economic Cooperation and Development (OECD) last year, 65% of tax authorities in countries around the world already use AI, while over half of all global tax agencies use AI for risk assessment.

In July, Turkey became the latest country to announce that it was also implementing AI as ...