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IVA 2023 Autumn Conference In Copenhagen: Unleashing The Power Of AI In VAT (Oct 19-20, 2023) - My Vat Calculator

IVA 2023 Autumn Conference in Copenhagen: Unleashing the Power of AI in VAT (Oct 19-20, 2023)

"Experts Gather in Copenhagen to Discuss the Future of VAT: Will Artificial Intelligence Revolutionize Tax Compliance?"

2023 Autumn Conference Copenhagen, Denmark 19 and 20 October 2023
Topic: A Smart Tax: Making VAT Artificially Intelligent?
The digital future of VAT/GST and customs is being constructed. The generalization of e-invoicing and e-reporting tools will accelerate, and our universe turn even faster. Tax compliance will be on a real-time basis, tax audits as we know them will disappear and will be based on the contemporaneous flows of data; tax consultancy will be tools-driven. IT intelligence will empower tax administrations with an extraordinary potential. Businesses will develop data strategies to cope with higher expectations. Can we make IT smart?

The 2023 Autumn Conference, set to take place in Copenhagen, Denmark on 19 and 20 October 2023, will delve into the topic of making VAT artificially intelligent. With the digital future of VAT/GST and customs rapidly evolving, the conference aims to explore the potential of e-invoicing and e-reporting tools, and how they can accelerate the pace of our universe.

One of the key themes of the conference will be the shift towards real-time tax compliance. Traditional tax audits will become a thing of the past, as tax administrations will rely on contemporaneous flows of data to ensure compliance. This will also lead to a transformation in tax consultancy, as tools-driven approaches become the norm. The integration of IT intelligence into tax administrations will provide them with an extraordinary potential to streamline processes and enhance efficiency.

In addition to tax administrations, businesses will also need to adapt to this new digital landscape. Developing data strategies will be crucial in meeting the higher expectations of tax compliance. The conference aims to explore how businesses can leverage technology to cope with these changing demands.

The overarching question of the conference is whether it is possible to make IT smart. With advancements in artificial intelligence and machine learning, there is a growing potential to automate and optimize tax processes. The conference will bring together experts and thought leaders in the field to discuss the feasibility of making VAT artificially intelligent.

The International VAT Association (IVA) is the source of this conference. As an organization dedicated to promoting the understanding and advancement of VAT, the IVA plays a crucial role in facilitating discussions and knowledge-sharing among professionals in the field. The conference is expected to attract a diverse range of participants, including tax professionals, policymakers, technology experts, and business leaders.

The 2023 Autumn Conference promises to be a platform for engaging discussions and insightful presentations on the future of VAT/GST and customs. It will provide a unique opportunity for attendees to gain valuable insights and network with industry peers. With Copenhagen as the backdrop, participants can also enjoy the vibrant culture and hospitality of Denmark.

In conclusion, the 2023 Autumn Conference in Copenhagen will explore the potential of making VAT artificially intelligent. With the digital future of VAT/GST and customs rapidly approaching, it is essential for tax administrations and businesses to adapt to this changing landscape. The conference will provide a platform for discussions and knowledge-sharing, aiming to find innovative solutions and strategies to make IT smart.

Barry Caldwell

Barry Caldwell

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