Can Artificial Intelligence Produce VAT Advice?

No. And yes.

Whilst Artificial Intelligence (‘AI’) tools have boomed in the hunt for VAT evasion, its over confidence in delivering ‘hallucinatory’ written advice has sunk it as a credible advisor. Its lack of expertise or semantic intelligence means it is flawed for a heavily coded subject like tax.  But it’ll be overcoming that problem soon via partnering with existing tax tech, it’s logic and its integrative context to produce something very close to the advice that is today produced by traditional advisors

• AI and VAT – made for each other
• Yes, analysis. But advice?
• AI to unite with establish tax tech logic to bring down the humble advisor?

Source: vatcalc.com

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