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Austria Uses AI to Generate Additional Tax Revenue

|Approved Changes|Austria
Austria

The Austrian Ministry of Finance has issued a release on the use of artificial intelligence to generate around EUR 185 million in tax revenue in 2023 from income tax, corporation tax, and value added tax.

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Brunner: Ministry of Finance generated around EUR 185 million in tax income from AI in 2023

Annual balance sheet 2023 of the Predictive Analytics Competence Centre at the BMF is avai…

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