Smarter Data News Today

It is now possible for the ATO to preemptively detect which businesses are most likely to underpay staff entitlements.

The ATO is using artificial intelligence to trawl through its large data sets and deliver new insights that are impossible for humans to identify.

The Tax Office is using artificial intelligence to find patterns of interest among corporate structures and high wealth individuals seeking to avoid tax obligations.

Future-ready adoption ‘could unlock $5.4trn in growth’ DUBAI, February 24, 2021 The pandemic-driven acceleration of digital adoption and the resulting new agile ways of operating could unlock $5.4 trillion in profitable growth if applied broadly, according to a new report by global professional services firm Accenture. Accenture’s findings indicate that even amid the current economic uncertainty, a small core of companies —about 7%—have achieved nearly twice the efficiency and three...