On July 18, the Shanghai Certified Tax Agents Association hosted an AI empowerment launch event for tax services, attended by nearly 100 firms. PwC unveiled its tax AI solution with three tools: a tax risk control platform covering pre-warning, monitoring and post-evaluation; a transfer pricing assistant that compresses hours of calculation and reporting into minutes with a single command; and an overseas compliance assistant that aggregates multi-country data, translates documents and generates filing materials. Their research suggests tax functions can cut costs by 50-60% long-term with AI. The industry broadly believes repetitive filing and bookkeeping work will be handled by AI, freeing professionals for high-value risk judgment and complex planning.
News Detail
Will AI Empowered Tax Services Open a New Era of Industry Change?
On July 18, the Shanghai Certified Tax Agents Association hosted an AI empowerment launch event attended by nearly 100 tax firms. PwC unveiled its AI Tax+ solution with three tools: a tax risk control platform, a transfer pricing assistant, and an overseas compliance assistant, compressing hours of work into minutes. PwC's global CEO survey suggests tax functions can cut costs 50-60% long-term with AI. The industry believes repetitive tax work will be taken over by AI as digital tax administration matures, shifting competition from headcount to computing power and professional insight.
2026-08-27