- EY launches EY.ai Tax Labs and EY.ai Tax Agent Factory to accelerate tax transformation.
- Help to elevate the tax function to a data driven strategic function for global organizations.
- New capabilities draw on the EY organization’s multi-alliance ecosystem
The EY organization is unveiling innovative data and artificial intelligence (AI) solutions to “connect the dots” between tax advisory and compliance, technology, operations and value creation. These new capabilities elevate tax to a data-driven strategic function – helping to provide faster insights, greater accuracy, and forward-looking business decision support.
EY.ai Tax Labs and the EY.ai Tax Agent Factory combine deep EY tax domain knowledge with advanced technology, drawing on the EY organization’s multi-alliance ecosystem. This collaborative approach brings together leading technology providers to develop and help deliver scalable, intelligent solutions and co-design AI transformation journeys tailored to each client’s unique context.
The introduction of these new data and AI capabilities comes at a time when chief finance officers (CFOs) and tax leaders are increasingly turning to AI to amplify the impact and effectiveness of tax functions through automation and unprecedented intelligence, amid a complex regulatory and geopolitical environment. Many are excited by the potential of AI but are seeking the right strategy and collaborators to realize tangible results, now.
Marna Ricker, EY Global Vice Chair – Tax, says:
“In tax, there is no one-size-fits-all approach. These offerings showcase our commitment to transforming the tax function of the future by leveraging the latest in AI and technology. Our focus is on working together with clients to identify opportunities for innovation, address their specific organizational needs, and provide forward-thinking solutions that enhance the effectiveness and value of their tax operations.”
Joe Depa, EY Global Chief Innovation Officer, says: “With EY.ai Tax Labs and the EY.ai Tax Agent Factory, we’re giving clients the tools to accelerate transformation and deliver greater strategic value from tax. By harnessing the power of trusted, AI-ready data, they gain faster insights, smarter decisions, and scalable outcomes — all underpinned by the deep experience of our team of global tax professionals.”
EY.ai Tax Labs: unlocking the value of data and acceleration transformation
EY.ai Tax Labs harnesses emerging technologies, in particular generative and agentic AI, to help clients tackle their data challenges and intricate tax issues providing adaptable, AI-led strategies that respond to evolving regulatory and operational demands. It provides a collaborative, creative, and open-ended environment where clients and EY professionals work together to develop, test, and implement clear, AI-driven strategies that shape the future of the tax function. The flexible methodology encompasses:
- Exploration: Collaborating closely with clients to pinpoint the core of their challenges and transformation needs.
- Solutioning: Rapidly transforming ideas into impactful solutions through applied innovation and integration of the EY organization’s AI and technology offerings
- Developing the business case: Working to ensure a robust return on investment and tangible business outcomes for clients.
- Delivery: Implementing solutions while identifying subsequent opportunities and challenges to address.
With its differentiated approach, EY.ai Tax Labs empowers tax leaders to reimagine what’s possible. By turning abstract AI concepts into tangible, co-created solutions that drive real transformation, it helps clients unlock new levels of productivity, strategic value and leadership in an ever-evolving regulatory environment.
The EY.ai Tax Agent Factory: deploying agentic AI at scale with clients
AI agents automate complex multistage tax processes and identify patterns in financial data. By leveraging agentic AI, clients can streamline their data processes and minimize their manual input, allowing tax professionals to focus on strategic, high-value tasks that demand foresight and judgment. This approach fosters cross-functional collaboration that help ensure globally cohesive solutions are grounded in real-world needs that deliver practical outcomes.
The EY.ai Tax Agent Factory is the organization’s global accelerator for AI-powered transformation in tax – a methodology, an operating model and a technology strategy that enables tax professionals and clients to design, build, train, deploy and manage AI agents at scale.
Alexandra Loran, EY Global Tax Data, Knowledge and AI Leader, says:
“As technology and regulation evolve at an unprecedented pace, the combination of EY.ai Tax Labs and EY.ai Tax Agent Factory empowers tax professionals to adapt and excel. By blending data, deep tax knowledge with cutting-edge technical experience, these capabilities unlock new levels of operational efficiency and sharper insights. This is how the EY organization turns AI into real-world tax transformation–fast, scalable, and built by tax professionals for tax professionals.”
To learn more visit: EY.ai Tax Labs
-ends-
Notes to Editors
About EY
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
All in to shape the future with confidence.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.