The Revenue Agency tests artificial intelligence to track down tax evaders

The Revenue Agency tests artificial intelligence to track down tax evaders

Funded by the European Union for a 900 million euro project to implement algorithms and machine learning against tax evasion

(Photo: AP / LaPresse) The European Union will finance the 900 million euro project 'Revenue Agency to combat tax evasion using artificial intelligence. The more than 3 billion data and information that the Agency collects every year will therefore be screened by an automatic system, capable of monitoring the actions of taxpayers who are at greater risk of tax evasion or avoidance.

The funding will be used to introduce and enhance three tools: network analysis, machine learning and data visualization. The network analysis will allow to highlight indirect and hidden relationships between the operating companies, in order to evade or evade taxes. Machine learning will allow the algorithms used by the Agency to learn from the operations already carried out and improve their efficiency, while the data visualization will provide graphical representations of the analyzes carried out by the artificial intelligence to the agency's officials.

The the objective of this investment is to make the ability to control and verify the data acquired by the Revenue Agency more widespread and precise. These include 42 million tax returns, 750 million information on balance sheets, contributions, utilities and insurance, 400 million active financial reports, 197 million F24 contribution forms, approximately 2 billion electronic invoices and 150 million real estate data. .

The project intends to "prevent and combat, in ever faster times, evasive and elusive phenomena, put in place through the creation of corporate structures and transactional schemes, VAT fraud, including intra-community tax credits and other concessions - explained the director of the Agency Ernesto Maria Ruffini - with the utmost attention to data protection and respect for the necessary discussion with the taxpayer and the principle of collaboration and good faith ".
The project was selected by the Union within the European programs to support structural reforms, in response to the Covid-19 emergency. These funds, therefore, are not part of those assigned by the Next generation Eu.

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