Government turns to AI to track wealthy taxpayers and their assets
The Tax Office is developing an AI-assisted dashboard to track the assets of wealthy individuals and detect potential discrepancies in real-time, with taxpayer data protection a top priority.
The Indonesian government is utilizing artificial intelligence to monitor the assets of high-net-worth individuals and detect potential tax evasion, particularly in the palm oil sector, according to Deputy Finance Minister Nurkholisoh Ibnu Aman. The Directorate General of Taxes is in the final stages of integrating AI into a dashboard that will map these individuals, their businesses, assets, and relationships between entities.
The AI-powered tool will analyze news reports, corporate filings, and update shareholdings in real-time, enabling tax officials to identify changes in wealth immediately rather than waiting years for annual reports. Additionally, machine learning algorithms will compare electronic tax invoices of palm oil mills to expected oil output and reported sales, helping to uncover discrepancies. This innovative approach aims to ensure tax compliance while safeguarding taxpayer data.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
