The approval of the Tax Reform in Brazil, which unifies indirect taxes into an VAT (Value Added Tax) system, represents, beyond a historic 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 tax complexity can exceed 1,500 annual hours of work per company in compliance, according to the World Bank, the combination of 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 beginning to use AI to revolutionize tax management. The benefits are broad and are divided into three main areas
- Automation and cost reduction: Companies use AI to analyze legislative changes in seconds, reducing operational costs related to indirect taxes by up to 70%, according to research data carried out by Thomson Reuters.
- Simulation and impact prediction: predictive platforms that use Machine Learning to calculate the impact of reform on different sectors, allowing for more assertive financial planning.
- Recovery of tax creditsTools identify unused tax credits. AI can analyze a company's tax records and identify overlooked credits in 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. AI cloud applications allow small merchants to monitor taxes in real time.
According to a study by PwC, AI can reduce tax defaults by up to 40%, ensuring greater regularity for small businesses and more efficient collection for the government.
The challenges of implementation
Despite the advantages, the adoption of AI in tax management faces some challenges:
- High implementation cost: some solutions may be expensive, making government incentive initiatives necessary, such as the BNDES “Industry 4.0” program, which subsidizes technology for small businesses;
- Lack of training: a CRC study revealed that 68% of Brazilian accountants still do not master data analysis tools, indicating the need for specialized training;
- Data security: digitalized 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, it will bring even greater economic and social gains. Companies that invest in this technology will not only reduce costs and risks but also gain a competitive advantage.
Brazil now has the chance to overcome its reputation as a bureaucratic country and become a benchmark in smart fiscal management. The future of taxation has already begun, and AI is one of the keys to making it simpler, fairer, and more efficient for everyone.
