Artificial Intelligence Could be a Silver Bullet for Tax Systems

Court documents released in August revealed that Swiss tax officials are investigating art dealer and freeport magnate Yves Bouvier for allegedly concealing CHF 330 million in profits. The Swiss authorities believe that Bouvier used a fictitious residence in Singapore to evade taxes in his home country, and confiscated one of Bouvier's properties, reportedly worth CHF 4.5 million, as a pledge while they continue investigating his finances. The investigation, however, was nearly derailed in its early stages due to a single vulnerable tax official. An escort girl known only as Sarah has testified that in September 2017, Yves Bouvier sent her to a conference to seduce a key official with Switzerland's Federal Tax Administration. Sarah's honeypot adventure took place mere months after Swiss tax officials had begun looking into Bouvier's finances.