A five-day meeting of the Caribbean Organisation of Tax Administrators (COTA) began in Guyana yesterday with regional tax administrations being urged to embrace the technological and digital developments including artificial intelligence (AI) so as to improve their functions.
Addressing the COTA’s 27th General Assembly and Technical Conference, Guyana’s Finance Minister Dr Ashni Singh said while the main function of tax administrations is extremely important to the economic and fiscal well-being of regional countries, it is also necessary that they embrace the new technologies that would also be beneficial to foreign investors.
