![European American Chamber of Commerce Texas [EACCTX] | Your Partner for Transatlantic Business Resources](https://www.eacctx.com/wp-content/uploads/2024/04/EACC-Texas-1-e1712676066139.png)
- This event has passed.
Webinar | How AI Analysis is Changing the Tax Landscape in Europe & the U.S.
Complying with tax obligations and assessing tax liabilities can be a time-consuming task, whether for companies doing business in multiple jurisdictions with different tax processes and requirements, for SMEs which may have limited resources or for individuals with complex tax affairs. The increasing use of data and data analytics, as well as the digitalization of tax administration over the last decade, has helped in reducing some of these burdens as well as improving the effectiveness and efficiency of tax administration.
A defining feature of modern tax administration is now the massive amount of data that has become available to tax administrations, including data required by law. This carries costs associated with the reporting and storage of data, risks for data privacy and data protection, as well as benefits in the assessment of tax liabilities, identification of non-compliance and fraud and the generation of new insights and applications.
As the volume of data increases, so has the use of artificial intelligence and machine learning become more prevalent, assisting tax professionals and tax administrations in their respective roles, uncovering patterns in mounds of data that can be missed by humans and informing decision-making in multiple areas.
Join our panel of experts for a discussion that will address how the use of AI driven data analysis, both by companies & tax administrations, could change taxation worldwide.
AGENDA:
Setting the stage – big data and AI
There is more tax data than ever and the tax databases of authorities and tax preparers are both enormous and generally well-validated.
● What are the benefits/challenges of this wealth of data?
● What are the use cases for AI now and in the near future in the field of taxation, including across borders.
Regulatory Aspects – what concerns does AI and Big Data raise?
Data Governance:
● How to protect privacy and confidentiality?
● How are tax authorities managing increased amounts of data?
● How to decide when data can be shared and with whom?
Governance of AI processes:
● How is the use of AI best governed?
● Decision-making by AI – what are the limits?
● Challenges presented by the use of AI in tax analysis from a regulatory aspect
Look into the Crystal Ball – what might we expect in 10 years’ time?
● Trend towards real time taxation – does this inevitably mean more data flows?
● Can more seamless taxation be achieved by moving taxation processes into taxpayers’ natural systems rather than bringing data into tax administration systems?
● What type of technology is already available and which need to be developed to move to more seamless taxation?
● How might the role of AI in taxation develop?
SPEAKERS:
● Ivan Roussev, Data Scientist, EY [moderator]
● Peter Green, Head of Forum on Tax Administration Secretariat, OECD
● Christian Hallum, Tax Justice Lead, OXFAM
● Frank Sangers, Chief Financial Officer, CITIZENM HOTELS
REGISTRATION FEE:
EACCTX and EACC NY Members: Free
Non-Members: Free
It is a joint webinar organized by EACC New York and EACC Texas.
Location:
Online
SPEAKERS BIOS:
● Ivan Roussev, Data Scientist, EY [moderator]
Ivan Roussev is a senior manager in EY’s Tax Technology and Transformation (TTT) practice, based in Dallas, TX. He is a founding member of EY’s data science, artificial intelligence, and machine learning practice in tax and co-founder of EY Alwin—the firm’s suite of AI tools for tax.
For the past ten years, Ivan has advised his clients on the effective application of advanced technologies like data integration and visualization, artificial intelligence, and machine learning to solve problems stemming from the unprecedented boom in digital data over that period.
Previously, Ivan was part of EY’s Workforce Advisory Services practice, where he focused on the development and adoption of EY’s Affordable Care Act (ACA) compliance software, EY Compass. He advised clients on matters related to benefits and payroll strategy and compliance. In that role, Ivan served as the engagement management leader for EY’s ACA practice in the Southeastern US.
Ivan is a frequent speaker on the topics of advanced technology and the future of work at both industry and academic events. He enjoys working with aspiring technologists at the undergraduate and post-graduate levels to help them find meaningful career opportunities in the fields of data science and AI.
Ivan holds a bachelor’s degree in economics from Southern Methodist University (SMU), and a
master’s degree in data science from Northwestern University.
● Peter Green, Head of Forum on Tax Administration Secretariat, OECD
Peter Green has been Head of the OECD Forum on Tax Administration (FTA) Secretariat since 2017. The FTA, Chaired by Commissioner Bob Hamilton, consists of 52 advanced and emerging tax administrations which work collaboratively on all aspects of modern tax administration. Prior to joining the OECD, Peter’s senior career has been split between the UK Treasury and the UK’s Foreign and Commonwealth Office.
In the Treasury, Peter has served as Head of International Tax, as Head of Financial Stability and Risk as well as undertaking a number of roles in public spending and operational management. Within the Foreign and Commonwealth Office, Peter was the Financial Counsellor in the British Embassy in Tokyo, representing the Treasury, Bank of England and Financial Services Authority. He also led the Social, Environment, Employment and Regional Policy Section in the UK’s Permanent Representation to the European Union. Peter has also served as the UK representative on the EU Securities Committee, the Banking Committee, the Insurance Committee and the High Level Committee on Financial Crisis Management.
● Christian Hallum, Tax Justice Lead, OXFAM
Christian Hallum co-leads Oxfam’s work on tax justice. Christian has worked with civil society groups across Africa, in Belgium and in his home country, Denmark, to promote tax justice. He has also worked for the Danish tax administration as a compliance analyst.
Christian’s areas of expertise include global corporate taxation, the taxation of extractive industries, progressive domestic revenue mobilization and responsible taxation of the private sector.
● Frank Sangers, Chief Financial Officer, CITIZENM HOTELS
Frank is CFO US for citizenM Hotels. He holds this position for 3 years now and all US taxes fall under his responsibilities. Prior to moving to New York in 2019, Frank worked 4 years in citizenM’s European office where he was dealing with taxation in The Netherlands, France and the UK.