Deputy Director General of the Italian Revenue Agency Paolo Valerio Barbantini said the use of artificial intelligence that identifies taxpayer discrepancies has “proven to be a real game changer,” Bloomberg reports. The VeRa algorithm compares tax filings, earnings, property records and other data to identify high-risk taxpayers. The government is limited in how the technology is implemented as its data use must meet the EU General Data Protection Regulation, which states officials can process data “for tasks carried out in the public interest.”
Italian Revenue Agency calls AI a ‘game changer’
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