- Centralized Data Management and AI Integration: Taiwan’s Fiscal Information Agency (FIA) has centralized its data storage and software development to enhance efficiency and compliance, using standardized data to support artificial intelligence (AI) applications in tax administration, including fraud detection and anomaly identification.
- Innovative Approaches to Compliance: The FIA employs advanced techniques like graph theory to analyze relationships and patterns in tax data, enhancing its ability to detect tax avoidance and irregularities. Initiatives such as the Unified Invoicing System and receipt lotteries encourage compliance through incentives rather than penalties.
- Cultural and Educational Investment: Taiwan’s tax authority promotes a supportive relationship with taxpayers by prioritizing education and collaboration, investing in staff training to ensure widespread understanding of AI tools, and fostering a culture that assumes goodwill among taxpayers, leading to improved compliance and trust in the system.
Source Innovate Tax
Click on the logo to visit the website
Latest Posts in "Taiwan"
- No Import Permit Needed for Re-Imported CTRFDs if Export Declaration Form Is Verified
- Taipei Customs Grants Tax Exemption for Imported Sugar-Free Beverages with Documentation from January 2026
- Taiwan Extends 1% Tax Incentive for Mobile Payments and KIOSKs Until End of 2028
- Taiwan Extends 1% Business Tax Rate for Mobile Payment and KIOSK Operators Until 2028
- Customs Brokers Prohibited from Acting as Customs Clearance Agents: KLC Warns of Penalties
