Regulator

SARS

SARS is the South African Revenue Service, the country's tax authority. It uses artificial intelligence systems to detect and block improper financial outflows.

Why it’s in the news: It is in the news for announcing that its AI systems have successfully blocked over R100 million in improper outflows.

Latest on SARS

  • How do supermassive black holes grow? AI finds 7 spacetime-warping 'quasars' that could help solve the mystery
  • Hong Kong declared Sars-free in 2003 – SCMP archive
  • SARS Says AI Has Blocked Over R100 - Million in Improper Outflows as It Plans Wider Taxpayer Automation
  • after it was officially declared free of Sars by the World Health Organization yesterday (June 23, 2003)
  • South Africa's Revenue Service (SARS) blocked over R100 million in improper outflows using artificial intelligence systems.
  • SARS implemented the AI technology to identify and prevent fraudulent fund transfers and tax evasion schemes.

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2 entities linked to SARS across the news graph.

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