Turkey Turns to AI to Crack Down on Rampant Tax Evasion

Turkey is planning to use artificial intelligence (AI) to combat tax evasion, following the example of Italy and the US. The advanced technology will be used to reduce instances of tax avoidance and fraud.

Treasury and Finance Minister Mehmet Simsek announced in a TV interview with BloombergHT that the government will increasingly implement more algorithms and AI in auditing companies.

Key takeaways

Turkey is planning to use artificial intelligence to combat tax evasion.
The country is following in the footsteps of Italy and the US, which are also using advanced technology to reduce tax avoidance and fraud.
Treasury and Finance Minister Mehmet Simsek announced the plan during a TV interview with BloombergHT.
The government will implement more algorithms and artificial intelligence in auditing companies.

Turkey Turns to AI to Crack Down on Rampant Tax Evasion

Key takeaways

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