KPMG LLP Survey: Majority of Tax Departments Are Adopting or Exploring Generative AI
New York, New York--(Newsfile Corp. - March 15, 2024) - The latest edition of the KPMG LLP " Chief Tax Officer Outlook " revealed a majority of Chief Tax Officers (CTOs) are already utilizing generative AI (gen AI) in their tax departments or are exploring its potential.
- New York, New York--(Newsfile Corp. - March 15, 2024) - The latest edition of the KPMG LLP " Chief Tax Officer Outlook " revealed a majority of Chief Tax Officers (CTOs) are already utilizing generative AI (gen AI) in their tax departments or are exploring its potential.
- "The use of advanced tools and technologies has become indispensable for building a resilient tax function," said Rema Serafi , Vice Chair - Tax at KPMG LLP.
- "Tax departments that embrace generative AI technologies are in a better position to add enhanced value to their teams," said Kevin Jackson, National Managing Partner - Tax, KPMG LLP.
- The KPMG report is based on insights from 300 Chief Tax Officers leading tax functions at large public and private U.S. companies.