AI in Taxation — The Hype and The Realities

Artificial Intelligence (AI) is a revolution that is set to overhaul the taxation landscape worldwide. In 1950, A.M. Turing asked whether machines can think and introduced the concept of “imitation game” that tests the ability of a machine to demonstrate human intelligence, now known as “The Turing Test” (Mind: A Quarterly Review of Psychology and Philosophy, Computing Machinery and Intelligence, Vol. LIX. No. 236 (Oct. 1950)). Since then, the participation and investment in re-defining the use of machines and computers and enhancing their capabilities has led to the development and adaptation of AI. AI is a technology that enables ...