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In celebration of UAE Innovation Month and the Year of Community, the Federal Tax Authority (FTA) recently hosted the InnoTAX 2025 AI Hackathon. Taking place on February 26-27 at the historic Al Shindagha Museum in Dubai, this dynamic event aimed to stimulate innovation, enhance public-private partnerships, and devise advanced tax solutions utilizing emerging technologies.
Advancing Tax Services with AI and Big Data
The Hackathon featured a variety of projects that harnessed the power of artificial intelligence (AI), big data, and cloud computing to optimize tax services. Attracting a broad spectrum of participants, including AI experts, software developers, data scientists, academic professionals, entrepreneurs, and tax strategists, the competition sought to enhance taxpayer experiences and promote AI-driven compliance solutions.
Commitment to Innovation in Taxation
Khalid Ali Al Bustani, Director-General of the FTA, underscored the Authority’s commitment to advancing innovation within the tax sector.
“Innovation is fundamental to increasing efficiency and compliance in taxation,” he stated. “The InnoTAX 2025 AI Hackathon showcases our dedication to integrating AI and developing transformative technological solutions that address the unique challenges of our sector.”
Al Bustani elaborated on the Hackathon’s role as a vital platform for participants to contribute to the evolution of digital taxation, stating, “By leveraging creative ideas and AI-powered solutions, we aim to modernize and elevate the UAE’s tax framework.”
Recognizing Groundbreaking Tax Solutions
On the concluding day of the Hackathon, the FTA assessed numerous project submissions, identifying the top three innovative solutions through a rigorous evaluation process. The judging panel, comprised of industry specialists and FTA representatives, focused on several key criteria:
- Creativity and Innovation: Assessing the originality of each proposed solution.
- Quality and Usability: Evaluating practical application and overall user experience.
- Technological Advancement: Considering the effective integration of AI, blockchain, and automation technologies.
- Impact and Feasibility: Analyzing the real-world benefits and scalability of the solutions.
- Presentation Clarity and Persuasiveness: Weighing the strength of each project’s pitch.
This partnership-driven initiative not only highlights the UAE’s commitment to digital transformation but also paves the way for a more intelligent and efficient tax ecosystem through innovative strategies and collaboration.
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