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ANURAG

Revolutionizing and ... • 28d

Understanding the Perception Gap with AI in Taxation 🤖➡️💼 We talk a lot about the potential of AI, but why is there hesitation when it comes to something as crucial as taxation? 🤔 I've been pondering the perception gap surrounding the adoption o

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Vishu Bheda

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Medial • 28d

I think, the finance industry is a highly regulated industry, so that maybe one reason.

ANURAG

Revolutionizing and ... • 28d

Absolutely Vishu, you're right on point. The finance and taxation industry operates within some of the most tightly regulated frameworks, and that’s precisely why the stakes are so high when introducing emerging tech like AI. Regulation brings both

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Vishu Bheda

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Medial • 28d

Totally agree, The real move now? Helping regulators see AI not as a black box, but as a smart assistant that plays by the rules.

ANURAG

Revolutionizing and ... • 28d

You're absolutely right. The key now is to shift the perception of AI from an inscrutable "black box" to a transparent and compliant "smart assistant." Taxellence AI aims to bridge the gap between the current cautious mindset of tax filers and the regulatory need for control by developing AI solutions that prioritize transparency, auditability, and adherence to existing tax laws, thereby fostering trust and facilitating responsible AI adoption within the established regulatory framework.

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