What does the future look like for tax?
Technology is revolutionizing every industry, and tax is no exception. From tax preparation software to artificial intelligence, the advancement in technology is making it easier for accountants and taxpayers to file their taxes accurately and timely. While tax professionals and businesses have been using AI to an extent, we’re still only beginning to scratch the surface of what’s needed to keep updated with the latest trends to ensure that they remain future proof.
The future of tax and artificial intelligence promises a transformative shift in how governments and businesses approach taxation and financial compliance. AI technologies are poised to streamline tax administration, enhance compliance, and improve tax collection processes.
Technology has the potential to transform tax, mainly by simplifying and automating many tasks. As accountants continue to evolve, the challenges in tax are endless, so it’s extremely important to stay up to date with relevant trends and developments, so businesses can continue to provide high-quality services to their clients.
The American-Hellenic Chamber of Commerce invites you to join the 12th Thessaloniki Tax Forum, convening on May 27, 2024, at the Porto Palace Hotel. Thessaloniki Tax Forum, the leading institutional event of tax interest in Northern Greece, has long been recognized as a unique opportunity for creative and effective public dialogue on tax efficiency issues and policies. In view of the most vital point of implementing a digital transformation model in Greece, this year’s forum highlights the critical but updated and developmental role of technology shift in taxation.