The approval of the Tax Reform in Brazil, that unifies indirect taxes in a VAT (Value Added Tax) system, represents, in addition to a historical simplification, a unique opportunity for companies to integrate Artificial Intelligence (AI) into their tax operations. In this scenario, AI emerges as an essential tool to optimize processes, reduce costs and democratize access to efficient tax management
In a country where the tax complexity can exceed 1.500 annual hours of work per company in compliance, according to the World Bank, the combination of the new legislation and disruptive technologies promises to revolutionize costs, agility and business strategies
AI as a new business partner
With the rise of technology, companies are already starting to use AI to revolutionize tax management. The benefits are broad and are divided into three main areas
- Automation and cost reductioncompanies use AI to analyze legislative changes in seconds, reducing operational costs related to indirect taxes by up to 70%, according to data from a survey conducted by Thomson Reuters
- Simulation and impact predictionpredictive platforms that use Machine Learning to calculate the impact of the reform on different sectors, allow for more accurate financial planning
- Recovery of tax creditstools identify unused tax credits. AI can analyze a company's tax records and identify neglected credits from the past, enabling the recovery of significant financial resources
Democratizing Tax Planning
Previously restricted to large corporations, tax planning solutions are now accessible to micro and small entrepreneurs. Cloud AI applications allow small merchants to monitor taxes in real time
According to a study by PwC, AI can reduce tax delinquency by up to 40%, ensuring greater regularity for small businesses and more efficient revenue collection for the government
The challenges of implementation
Despite the advantages, the adoption of AI in tax management faces some challenges
- High implementation costsome solutions may have a high cost, making government incentive initiatives necessary, how the "Industry 4" program.0” from BNDES, that subsidizes technology for small businesses
- Lack of traininga study by the CRC revealed that 68% of Brazilian accountants still do not master data analysis tools, indicating the need for specialized training
- Data securitydigital tax management requires investments in cybersecurity to protect sensitive information of companies and taxpayers
Technology and innovation in favor of tax efficiency
The Tax Reform marks a new chapter in Brazil's fiscal history, and with the adoption of AI, will bring even more economic and social gains. Companies that invest in this technology will not only reduce costs and risks, but will also gain a competitive advantage
Brazil now has the chance to overcome its reputation as a country of bureaucracy and become a reference in intelligent fiscal management. The future of taxation has already begun, and AI is one of the keys to making it simpler, fair and efficient for all
