Tag:
tax
AI
Are AI Tools Undermining the Competence of Tax Professionals?
In April 2024, I discussed the implications of using artificial intelligence (AI) tools for managing corporate tax risks, particularly regarding value-added tax (VAT). As...
AI
Sage Unveils AI Agents and Cloud Platform to Empower Finance Teams
Sage has unveiled innovative AI-driven solutions aimed at enhancing finance automation for mid-sized organizations. The introduction of the Sage Intacct Finance Intelligence Agent significantly...
AI
OpenAI Seeks Federal Support for New Investments – Yahoo Finance
OpenAI is advocating for a federal backstop to stimulate new investments in artificial intelligence (AI). As AI technology evolves rapidly, the company emphasizes the...
AI
OpenAI’s CFO Confirms IPO Plans Are Not on the Horizon – Yahoo Finance
OpenAI's CFO recently stated that an initial public offering (IPO) is not in the immediate future for the company. Despite growing interest and speculation...
AI
OpenAI’s $38 Billion Partnership with Amazon: A Strong Vote of Confidence for AWS
On November 4, 2025, OpenAI made headlines by securing a significant deal that underscores its commitment to advancing its AI capabilities. This move follows...
AI
ShiprocketX Launches Innovative AI Tool for Streamlined Duty and Tax Calculations
ShiprocketX, the cross-border shipping division of Shiprocket, has introduced two innovations to streamline global trade for Indian exporters. The new Delivered Duty Paid (DDP)...
AI
Income Tax Department Cracks Down on Fraudulent ITRs Using Data Analytics and AI Tools
The Income Tax Department has intensified its crackdown on fraudulent Income Tax Returns (ITRs), utilizing data analytics and AI to identify false claims, including...
AI
Encourage Australian Companies to Embrace AI with Tax Incentives: Insights from ChatGPT’s Owner
Australia can harness the potential of artificial intelligence (AI) through tax incentives, education, and effective policy frameworks, according to OpenAI chief economist Ronnie Chatterji....