On July 26, the Taxation Society and India Club and IBP unveiled Artificial Intelligence-based Chatbot, particularly for Corporate Tax in the UAE.
A friendly competition was held between Man & Machine on Corporate Tax. ‘Man’ was represented by Avinash Gupta, an expert in Corporate Tax, and ‘ Machine ‘was described by BOT, developed by iBoss Tech Solutions powered by Taxation Society. The audience enjoyed the competition, which Nimish Makwana moderated.
The event was graced by chief guest Yaqoob Al Ali, Executive Director and Private Advisor, Office of Sheikh Juma bin Maktoum Al Maktoum. He praised the initiative of the Taxation Society that will welcome 200 nationalities and residents of the UAE as members who wish to understand UAE Corporate Tax.
Navn Sharma, co-founder and Chairman of Taxation Society, said, ” The Taxation Bot is the first Corporate Tax Not in the region, and it is just the beginning. Progress in Artificial Intelligence will transform how we work”.
Moreover, he admired the UAE’s vision towards artificial intelligence and said, “We are fortunate to be in the UAE where the government is leading the AI revolution.”
Besides the competition, a book on UAE Corporate Tax authored by Avinash Gupta and Naveen Sharma was also unveiled. Navin Sharma said on the launch of the UAE Corporate Tax book, ” Taxation Society will have a research wing which will give a platform to writers and experts who can share their knowledge, present case studies, etc.”
Nimish Makwana, senior partner Crowe UAE and president of Taxation Society, said that UAE Corporate Tax is adequate and robust economic growth is predicted with the flow of FDIs in coming times.
