Analysis and detection of the underground economy

Use case

Data enrichment and data fusion to identify undeclared activities

Opportunity

Opportunity
Speeding up innovation and efficiency in Public Administration when it comes to spotting tax irregularities and recovering lost revenue.

Challenge

Leveraging technology to carry out detailed analyses by geographical area or specific point of interest, supporting administrations in identifying tax irregularities and making investigations to recover lost revenue more efficient, thanks to:

• compatibility with the big data platforms used by Administrations
• identifying irregular situations through VAT matching
• intuitive mapping display, even for non-experts.

Solution

Data enrichment and data fusion solutions to help administrations detect tax irregularities and recover lost revenue, by linking data from official registers (VAT numbers) with information from online sources, thus creating an index of the underground economy density that can be displayed on heat maps.