Europe is moving towards invoice-level electronic VAT reporting. This column argues that, with AI-assisted processing of the information contained in electronic VAT invoices, the tax system can become not just a compliance and revenue-raising instrument, but a protected intelligence map of the economy. Putting a public-stewarded VAT-derived knowledge graph, combined with AI, to work can fundamentally reshape the role of the state and, hence, redefine the boundaries of the firm. For Europe, a unique opportunity emerges to evolve the Single Market to become an intelligence and orchestration platform of a modern state that leans on real-time, high-authority administrative data.
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TSX down nearly 450 points as oil prices rise, U.S. stock markets also lower
TORONTO — Canada’s main stock index fell nearly 450 points, while U.S. markets were also negative and oil prices rose amid more U.S. military strikes on Iran. The U.S.…







