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The world of taxation is experiencing a ground-breaking transformation with the integration of artificial intelligence (AI). Instead of being a disruptor AI has proven itself to be a valuable ally, enhancing capabilities and streamlining processes like never before.
AI is no longer a distant, futuristic concept. It is now a reality which is actively reshaping the landscape of corporate tax departments. Here are some ways in which AI is revolutionising taxation and tax practices.
These applications of AI are just the tip of the iceberg. As AI technology advances, the possibilities for its integration within the corporate tax sector become endless. Embracing AI in corporate tax departments is no longer an option; it’s an essential step towards driving efficiency, reducing costs and delivering superior service.
Whether you are a tax professional aiming to stay ahead of the curve, a tax technologist exploring the potential of AI or a curious mind intrigued by the fusion of AI and taxation, understanding these transformative impacts of AI is paramount. The shift to AI-assisted tax practices is happening right here and right now, defining our present and shaping the future of corporate taxation.
If you’re interested in learning more about how AI can be used in corporate tax departments, please join our upcoming webinar (Tuesday, 26 September 2023).
Tax and Legal Innovation, Transformation & Disruption Leader, PwC Switzerland
Tel: +41 58 792 42 82
Director, AI & Data Leader Tax & Legal Services, PwC Switzerland
Tel: +41 58 792 48 28