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Discussing the future landscape of tax
technology and trust in AI technology

The tax technology landscape

Several articles refer to the current and future state of tax technology Of particular relevance is “Tax AI in the ’20s” produced by FTI Consulting, Tax Technology Advisory, July 2021

It envisages:

2023 – Anomaly detection

Late 2020’s – Tax AI decision making

The tax technology landscape

Tolley published the report “Tax Technology Horizon”, July 2021, written by Paul Aplin.

This detailed report covers several topics including drivers for change, different perspectives, current and future state of tax technology and the impact of AI.

It emphasises that a “non-black box” AI solution must have a high degree of transparency. Deep Tax falls into this category and this requirement is considered in the article published by Forbes (see below).

Trust in AI technology

This conveniently follows on from the Tolley report (see above).

The AI technology used by Deep Tax is proven, well established and used on a daily basis.

It is not a “black box” technology but a technology that offers a high degree of transparency and interpretability. Analysis of the results can quickly demonstrate how and why certain decisions are made.

An excellent article that discusses this topic was published by Forbes, August 2021:

Can You Trust The Solutions That AI Technologies Deliver? With Mathematical Optimization, You Can