UK tax agency using AI to help target fraud and evasion

HM Revenue and Customs (HMRC), the UK’s national tax authority, has confirmed it is using artificial intelligence to monitor the social media accounts of people suspected of tax fraud. The BBC reports that this is done only as part of criminal investigations and not for everyday taxpayers. For readers outside the UK, HMRC is the government department responsible for collecting taxes, administering certain benefits, and enforcing compliance with tax laws. Its role is similar to the Internal Revenue Service (IRS) in the United States or the Canada Revenue Agency (CRA) in Canada. SEE ALSO: Americans lose millions of dollars to… [Continue Reading]