IP Law Daily, STRATEGIC PERSPECTIVES: Exploring the Use of AI in Tax Law at the ABA Tax Section’s 2024 May Tax Meeting, (May 15, 2024)

By Anne H. Gibson, J.D., LL.M.

As people grow more comfortable with the concept of artificial intelligence (“AI”), tax lawyers are exploring the potential uses these new technologies may have in their work.

The American Bar Association Tax Section, 2024 May Tax Meeting in Washington, D.C., May 2-4, included a total of four panels on AI and tax law. Panelists in two of those sessions explored potential opportunities for leveraging AI capabilities in both the private and public sectors.

The panelists considered not just generative AI, such as OpenAI’s ChatGPT, but also looked at other AI tools, such as those capable of ingesting and analyzing large data sets. In particular, the panelists noted that public and private sector actors in the tax field are already using machine learning, large language models, and predictive analytics, in addition to generative AI. Over the course of the panels, they explored the types of AI technologies best suited for particular tasks, and the tasks that would be best completed by humans.

In this Strategic Perspectives article, Gibson takes a closer look at the insights and concerns presented in two sessions at the ABA Tax Section May Meeting, “Making Tax Policy in an Era of Artificial Intelligence – Can It Survive the Robots?”, which focused on tax policy and the regulations process, and “Cross-Examining AI: The Future of Tax Litigation?”, which focused on tax controversies and litigation. These sessions explored how cutting-edge AI technologies are being used in the private and public sectors of tax law.

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