EU Parliament Urges Increased AI Use to Combat VAT Fraud and Protect EU Budget

• EU Parliament advocates for increased use of AI to combat VAT fraud
• Emphasis on machine learning and predictive AI to tackle the issue
• Global trend of governments using AI for VAT fraud prevention
• Call for the EU to enhance AI efforts to protect its budget

Source: vatcalc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.