Why AI makes a good companion for tax compliance

By Russell Gammon, Chief Solutions Officer at Tax Systems

Whilst the subject of AI, specifically generative AI, remains one of the hottest topics in the boardroom, it seems the uptake hasn’t quite matched up to the hype. Though tax compliance can be complicated, (so a dose of healthy scepticism is understandable), there are a multitude of compelling cases for generative AI adoption that immediately spring to mind, where this technology would bring immense benefits. Characterised by manually-intensive data entry and processing tasks, and prone to mistakes, tax compliance is an area ripe for the application of AI.

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