To be sure, AI adoption could come with some serious fiscal benefits for governments, including higher growth, stronger corporate and wealth tax receipts, and sharper tax administration. AI-powered digitalization could also plug compliance gaps, potentially adding up to 1.3% of GDP in revenue for countries with weak enforcement, according to Moody’s, citing IMF data.
"And the answer will usually be, 'I haven't been able to', because there's a lack of access, lack of knowledge, lack of resources.
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Racism, staffing and accountability issues were among six factors identified by Baroness Amos, who is leading a government-commissioned review.
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