5 Ways to Accelerate Tax Investigations with AI and Decision Intelligence

Tax Fraud is Winning the Race

Tax fraud is a growing problem, with ever more sophisticated tactics employed by perpetrators. Traditional analytics tools and BI solutions are struggling to keep up, leaving tax authorities grappling with the staggering costs of tax evasion and fraud. In the EU, it amounts to a mind-boggling €824 billion annually, while the US loses nearly $190 billion each year due to underreporting and underpayment of taxes.¹ To combat this escalating issue, tax authorities need …

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