New Total AI tax system in real-time.

Nonprofit-projektet Green + Plus Foundation

1. A new Total Tax Payment (TTP) settled in real-time and verified by AI: This new Total tax payment system in real-time, with AI verification, will settles all tax payments in real-time, that are transferred to a Unique Lifetime Account (ULA), which is created as a lifetime account in the country’s national bank and is mandatory for everyone company and citizen
   New Realtime Settlement of Tax (RSoT) is composed of all taxes that must be settled with the public. Any legitimate democratic government can change the various tax rates, within the scope of the tax legislation and with due notice. All settlement is carried out by a Point of tax APP (POT-APP) that sends data in real-time to Unique Lifetime Account (ULA), which distributes the amount to the respective tax accounts.
   Point of tax APP (POT-APP) is installed on any tax settlement terminal used by businesses and citizens. Point of tax APP (POT APP) can be installed on e.g. PC, Laptop or Mobile Phone, where the automatic settlement of tax charges will be carried out in real time. and some in real time after a summarized in weekly, monthly, annual periods as well as on termination.

2. The connected Unique Lifetime Account (ULA) , which is created automatically in the country’s national bank, when starting a business or a new citizen is born, will ensures that the company’s or the citizen’s capital is fully protected. The Unique Lifetime Account (ULA) debits and credits each amount between the account holder and the public tax system and processes in real time the transactions to be settled and summarizes services which must not be repaid, and only are determined for statistical use.

3. The concept is a futuristic and technologically advanced tax payment system that aims to streamline tax processes and ensure real-time verification and settlement of taxes through the use of artificial intelligence (AI) and a Unique Lifetime Account (ULA)

4. Let’s break down some of the key components of this system:

5. New Realtime Settlement of Tax (RSoT) : TTP is a comprehensive tax payment that includes all taxes to be settled with the government. This applies to all individuals and companies who, instead of handling different taxes separately, with different reports and subsequent controls and adjustments, each individual tax settlement will automatically be a real-time tax payment that they can control in real-time.

6. Point of tax APP (POT APP): POT APP is an application installation on tax settlement terminals such as PCs, laptops or mobile phones. It works as a settlement and control APP for individuals and companies to interact with the tax system in real time. In the main area on the webside, users can see own profile and the current tax data, the user’s debit and credit data are automatically updated from the public tax system, and the APP sends payments into and out of the user’s Unique Lifetime Account (ULA), so that the user can see the current account status in real time. The tax system distributes the tax amounts between the user’s Unique Lifetime Account (ULA) and the respective public tax accounts.

7. The user’s Unique Lifetime Account (ULA): The Unique Lifetime Account (ULA) is a lifetime account set up in the country’s national bank for every citizen and company. It acts as cloud storage for the user and is fully protected and secured to be protected by the country’s national bank. The user’s Unique Lifetime Account (ULA) is tax settled in real time, and shows upcoming period payments too, so the user always knows his financial status.

8. Nonprofit-projektet Green + Plus Foundation

9. Real Time Settlement of Tax (RSoT): Using AI, the Point of tax app (POT APP) settles tax payments in real time. This means that tax payments are posted to the Unique Lifetime Account (ULA) immediately.

10. An example of a payment for a product or service:
    Payment to the Point of tax app (POT APP) € 1000.
    Total Tax Payment (TTP) for this good or service is 25%
    Buyer pays € 1000 by credit card
    Payment via the Point of tax app (POT APP) which sends € 200 to the buyer’s Unique Lifetime Account (ULA) and € 800 to the seller’s business account.
    Unique Lifetime Account (ULA) sends € 200 to the National Tax Account (NTA).

11. Periodic tax payment: Although most settlements are performed in real time, the Unique Lifetime Account (ULA) can also periodically summarize certain tax settlements, which are most practical to settle per hourly, daily, weekly, monthly or yearly.

12. Government’s Tax Rate Control (GTRC): The system allows the legitimate democratic government to change tax rates within the scope of tax legislation and with proper notice. This means that tax rates can be adjusted as needed to meet changing economic conditions or policy objective.

13. New Total AI tax system in real-time

14. Such a simplified tax system will require a secure internet structure and cloud capacity. In addition, the implementation of this system will result in new tax legislation that abolishes the periodic tax settlements with subsequent calculations and checks. All companies have a duty to book stock of Government-controlled tax-free goods and services (GC-TGS). Goods and services are not taxed between companies, only when goods and services are transferred from companies to private individuals, automatic taxation is activated. The tax calculation and verification, which is carried out in real time using artificial intelligence, means that companies and citizens do not have to declare their tax to the public. Businesses that have a tax-free statement must submit a real-time statement of the statement, which is automatically transferred to the Government-controlled of tax-free goods and services (GC-of-TGS)

15. 
    Any transfer of goods and services from business to private will be charged Total Tax Payment (TTP) in % according to tax data in the product or service groups, where each individual group tax in Total Tax Payment (TTP) is determined according to criteria that promotes prosperity, equality, health for the countries’ societies and populations and the global prosperity, environment and security as a whole
    

16. Indeed, implementing such a simplified tax system with real-time tax settlement and verification would require a secure and robust internet structure, along with substantial cloud capacity to handle the data and computations involved. Additionally, which is proposed, new tax legislation would be necessary to abolish periodic tax settlements and introduce the concept of real time Total Tax Payment (TTP) for goods and services.

17. The new tax legislation would need to address several key aspects of this system:

18. Abolishing Periodic Tax Settlements: The traditional system of periodic tax settlements with subsequent calculations and controls would need to be replaced by real-time tax settlement through the Point of tax APP (POT APP) and the Unique Lifetime Account (ULA) This would eliminate the need for compagnies and citizens to declare their taxes manually, as the system would automatically verify and settle taxes in real-time.

19. Tax-Free Inventory and Taxation at Transfer: Under this system, companies would be allowed to maintain state-controlled tax-free inventory  Government-controlled tax-free goods and services (GC-TGS). Taxes would only be applied when goods and services are transferred from business to private use. This approach would require companies to keep a real-time inventory of tax-free items to ensure accurate taxation during transfers. Government-controlled of tax-free goods and services (GC-of-TGS)

20. The Total Tax Payment (TTP) for goods and services would be charged based on product or service groups. Each group’s tax rate in the Total Tax Payment (TTP) would be set according to specific criteria that promote prosperity, health, safety, and other societal goals. This approach could allow for more targeted taxation and policy incentives.

21. Promoting National and Global Interests: The tax criteria used to determine the Total Tax Payment (TTP) rates should align with the interests of the country, society, and the global community as a whole. This may include considerations for economic growth, environmental sustainability, social welfare, and other factors relevant to the well-being of the population and the world.

22. AI and Data Security: As the system relies heavily on AI and real-time data processing, ensuring data security, privacy, and accuracy is paramount. Governments would need to implement robust cybersecurity measures and privacy protections to safeguard sensitive financial and personal information.

23. The implementation of such a sophisticated tax system would be a significant undertaking, involving not only technological advancements but also collaboration between governments, financial institutions, and relevant stakeholders. Moreover, it would require careful consideration of potential challenges and unintended consequences to ensure the system’s effectiveness and fairness.

    

    Nonprofit-projektet Green + Plus Foundation

24. New Total AI tax system in real-time.

    The advantage of inplemented of this new Total Tax Payment (TTP) system settled in real time and verified by AI!

25. This system is designed to make tax payments easier and more secure than ever before. Chat with us to learn more and get started today! A New Total Tax Payment (TTP) Settled in Real Time and Verified by AI Tax payments, which are an integral part of any country’s economy. Governments rely on taxes to fund public services, infrastructure, and other essential services. However, the traditional tax payment system is often slow, inefficient, and prone to errors and fraud. To address these issues, many countries are now introducing a new Total tax payment (TTP) system that is settled in real time and verified by artificial intelligence (AI).

26. What is a Total Tax Payment System? A Total tax payment system is a comprehensive system that allows taxpayers to pay their taxes in a single transaction. This system eliminates the need for multiple payments and simplifies the process with the collection of tax charges. It also reduces the risk of errors and fraud, as all payments are verified by AI. Advantages of a Total Tax Payment (TTP) are that the system is a win-win system that offers numerous benefits to both taxpayers and governments.

27. Here are some of the key advantages of this system: Faster Tax Payments: A Total Tax Payment (TTP) system allows taxpayers to pay their taxes in a single real time transaction, which is much faster than the traditional system. This reduces the time and effort required to tax payment.

28. Reduced Risk of Errors: The AI-based verification system ensures that all payments are accurate and free from errors. This reduces the risk of fraud and other errors. Improved Efficiency: A Total Tax Payment (TTP) system eliminates the need for multiple payments and simplifies the process of filing taxes. This improves the efficiency of the tax system and reduces the burden on taxpayers.

29. Increased Revenue: By reducing errors and fraud, a Total Tax Payment (TTP) system can help governments increase their tax revenue which can be used to fund public services and infrastructure. With the implementation of the Total Tax Payment (TTP) system, will all countries be able to improve their national economy, which will improve welfare, equality and the health status of the population. The UK has introduced a new system called “Making Tax Digital” that allows taxpayers to pay their tax in a single transaction. This system is powered by AI and is designed to reduce errors and fraud. In the United States, the Internal Revenue Service (IRS) has also implemented a Total Tax Payment (TTP) system called “e-Pay”. This system allows taxpayers to pay their taxes in a single transaction and is powered by AI to reduce errors and fraud. These changes are a limited attempt to modernize their tax system.

30.  New Total AI tax system in real-time.

31. Conclusion: This Total Tax Payment (TTP) system, is a collection of countless tax systems, in a unified real-time cloud system that automatically settles taxes, for businesses or citizens, without active participation. This system is powered by artificial intelligence and offers several benefits such as faster payments, reduced arrears and risk of errors and fraud, improved efficiency, reduced staffing and economic savings. One implemented by Total Tax Payment (TTP) systems is a future-proofing which is in line with the technological development of IT infrastructure and AI.

32. With this new Total Tax Payment (TTP) system, which is settled in real time and with AI verification in real time, tax control is redundant, as businesses are exempt from value added tax in mutual trade, by the total stock being corrected for losses and profits for sales, losses or registered shrinkage, only control of tax-free stock, as is a task for the tax authorities. The taxation of product groups and benefit groups is determined by the sitting government or if a product group or a benefit group that is required by law to be taxed must be determined by the elected democratic assembly. With the abolition of cash in societies control of services from business to private can be effectively controlled by AI, but there will still be a risk of corruption and black economy with foreign cash, which is a police task, for solving economic crime and the courts.

33. The new Total Tax Payment (TTP) system with real-time settlement and AI verification, offers several advantages in terms of streamlining tax processes and reducing the need for traditional tax control measures.

34. Let’s highlight some key aspects of this system: 

35. Redundancy of Tax Control: With real-time settlement and AI verification, the need for traditional tax control measures is significantly reduced. With real-time settlement and AI verification, the need for traditional tax control measures is significantly reduced. The general tax control is carried out with AI, only manual control of the companies’ tax-free inventory. Businesses are exempt from value-added tax (VAT) in mutual trade, and the total stock is corrected for losses, profits from sales, and registered shrinkage. This means that tax calculations and payments are automated and accurate, eliminating the need for frequent audits and inspections.

36. Taxation of Product and Benefit Groups: The taxation rates for different product and benefit groups are determined either by the sitting government or, in the case of mandatory taxation, by the elected democratic assembly. This approach allows for flexibility in tax policies, enabling governments to align taxation with societal and economic goals.

37. Abolition of cash and implementation of AI control: Abolition of cash in societies can reduce tax evasion, improve transparency of financial transactions and curb financial crime. AI control can effectively monitor companies’ sales of goods and services to other companies and individuals, which will ensure inventory control for tax-free sales of goods and services to other companies, and taxable sales of goods and services to private individuals. This real-time monitoring will be a strong barrier against tax fraud and improve and simplify tax legislation, which will mean huge savings on administration and auditing

38. Addressing Corruption and Black Economy: While the new tax system may significantly reduce tax evasion through real-time settlement and AI control, there may still be risks of corruption and black economy, particularly concerning foreign cash transactions. Dealing with these issues falls under the purview of law enforcement agencies, such as the police, in combating economic crime. Courts play a role in prosecuting and adjudicating cases related to tax fraud and financial misconduct.

39. It is important to note that even with advanced AI systems and real-time settlement, no system is completely foolproof and there can still be challenges in fully enforcing tax compliance. Monitoring and addressing potential loopholes, ensuring data security and privacy and maintaining a fair and just tax system remain critical tasks for any tax authority, but with the abolition of cash, AI control will be able to detect fraud in real-time transactions and with subsequent AI analysis, detect irregularities in the total tax data

40. As with any significant change in taxation systems, the implementation of the Total Tax Payment (TTP) system would require careful planning, legislative adjustments, and collaboration between various stakeholders, including governments, financial institutions, tax authorities, and technology providers. Additionally, public education and awareness about the benefits and functioning of the new system would be essential to ensure smooth adoption and public support.

41. The total tax payment (TTP) for a good or service, which is settled in real time, will be taxed according to the tax system’s statutory rate, applicable to the Point of tax group number (PoT-IGN) according to which this product or service is taxed. Each Point of tax group number (PoT-IGN) is imposed a statutory total tax, which is the sum of several statutory taxations set according to specific criteria that promote prosperity, health, safety and other societal objectives. This multi-tax system gives legislators the opportunity to adjust each sub-tax on each individual product or service. The changes in the tax can be carried out by daily updates of the central cloud database, to which all Point of tax APP (POT APP) are connected on-line.

42. By implementing import taxes in Total Tax Payment (TTP), set as an import tax on each individual product group named as Point of tax group number (PoT-IGN) applicable to each country that exported goods and services, the government or parliament will have possibility to adjust the tax in real time on each Point of tax group number (PoT-IGN), whose taxation is fixed on each of the exporting country’s goods and services. The criteria for determining the tariffs as a delta tariff can, for example, be environmental impact and compliance with international laws and regulations.

43. By collecting all taxes in Total Tax Payment (TTP), on both domestic and foreign products in groups, Point of tax group number (PoT-IGN), with import taxes imposed on imports from countries with which there is trade. The government or parliament will have the ability to adjust import and environmental taxes in real time, at the Point of tax group number (PoT-IGN) individually by country of origin on each individual product group. Domestic products can be taxed individually at the product group level Point of tax group number (PoT-IGN), taking into account the ecology and economy of own country and the global world community.

44. By implementing tax in Total Tax Payment (TTP) on public services, capital gains or losses and other public services, in the Point of Tax Group Number (PoT-IGN) system, the collected tax for capital gains or losses and use of public common facilities, which is calculated for each public service, the government or parliament will in real time and individually be able to adjust the tax on each single Point of Tax Group Number (PoT-IGN), according to public expenditure, value added and loss, at a level that is positive for their own country and the global world community.

45. The public tax system creates a Tax-free lifetime account (TLA), which is created automatically with an associated account in the country’s national bank. Tax-free lifetime account (TLA) is created when a company is started or a new citizen is born, and is intended for the storage of capital units, which are only taxed when transferred for private consumption and the tax value is added automatically when deposited. The value of residential or commercial property is accounted for at acquisition cost and, on sale, the gain is taxed with tax on capital gains. Other non-taxed securities are kept tax-free in the Tax-Free Life Account (TLA) when sold, the gain is taxed with capital gains tax.

46. In the new Total Tax Payment (TTP) system, as described earlier, taxes are settled in real time and verified by AI. This real-time settlement and AI verification allows the government or parliament to adjust the taxation for various aspects, including business earnings, import tax, environmental tax and other taxes, according to the advantages or disadvantages of their own country and the global community

47. Let’s look at each aspect:

48. Taxation of corporate earnings: The Total Tax Payment (TTP) system and the Tax-Free Life Account (TLA) allow the government or parliament to adjust each person’s group and other tax bases in real time and individually based on various factors. Tax-Free Life Account (TLA) enables companies and citizens to create or invest tax-free capital in companies and properties, profits from sales and operations can be deposited tax-free into the Tax-Free Life Account (TLA).This flexibility enables the government to respond dynamically to economic conditions, promote investment and encourage citizens, businesses and certain industries or sectors to invest in community development to benefit the country’s economy and society as a whole.

49. Import Tax on Individual Product Groups: With the Total Tax Payment (TTP) system, the government can implement import taxes on each individual product group that applies to imports from relevant countries. This allows the government to control imports, protect domestic industries, and influence trade relationships, all in real-time and according to specific economic needs and global considerations.

50. Environmental Tax on Product Groups and Countries: The Total Tax Payment (TTP) system’s real-time capabilities extend to environmental taxes as well. Governments can adjust environmental taxes on individual product groups and from each country to promote sustainable practices, encourage eco-friendly products, and address global environmental concerns.

51. Capital, Property, and Other Taxes: In the Total Tax Payment (TTP) system, capital, property, and other taxes charged for the use of community facilities can be calculated for each individual service group. The government or parliament can adjust these taxes in real-time and individually based on factors such as value addition and loss. This approach allows for a more targeted and responsive taxation system, which aligns with economic and social objectives.

52. Overall, the real-time adjustment capabilities in the Total Tax Payment (TTP) system offer significant advantages in terms of economic policy-making and global cooperation. Governments can respond quickly to changing circumstances, implement targeted taxation measures, and contribute to both their country’s well-being and the broader global community’s interests.

53. However, implementing such a complex and dynamic tax system would require careful planning, data management, and robust AI algorithms to ensure fairness, accuracy, and transparency. Public support and engagement in the process would also be crucial for the successful adoption and implementation of the Total Tax Payment (TTP) system. As technology and economic conditions evolve, it will be necessary to integrate AI realtime tax systems, that improve welfare, equality and justice if the country is to develop into a just and competitive society.

54. The Point of tax APP (POT APP) is installed on any tax settlement terminal, uses a composite Point of tax group number (PoT-IGN), which consists of sub-elements that contain all the information necessary for AI Point of tax group number (PoT-IGN) to calculate a total tax in real time. Point of tax group number (PoT-IGN) is used for all tax settlements and can appear as a QR code on all goods and services. The QR code is not converted to readable text and number directly, but performs a cloud data search, thereby all Point of tax group number (PoT-IGN) QR codes will be updated in real time. This implies that sub-elements of Point of tax group number (PoT-IGN) can be adapted to current values and conditions that are necessary for a real-time tax system. The tax level in Point of tax group number (PoT-IGN), which is politically determined, will periodically be able to be regulated in real time according to the economic and society’s demands for sustainable conditions. Tax recovery, can use AI for real-time calculation of tax, the level of which is set and controlled by the democratic government and political assembly, that uses AI data and transforms it into decisions

55. The use of the Point of tax APP (POT APP) with the composite Point of tax group number (PoT-IGN) and the implementation of QR codes for all goods and services provide a sophisticated and dynamic approach to real-time tax settlement and verification. Let’s further explore the key features and benefits of this system:

56. Composite Point of tax group number (PoT-IGN):

57. Point of tax group number (PoT-IGN) is a colate amprehensive identifier that contains sub-elements with all the necessary information for Point of tax group number (PoT-IGN) to calculate precise and real-time final tax settlement. This unique identifier allows for efficient and accurate tax processing, ensuring that the appropriate tax rates and deductions are applied based on the product or service being taxed.

58. Real-Time Updates and Cloud Data Search: The use of QR codes that perform a cloud data search ensures that all Point of tax group number (PoT-IGN) QR codes are updated in real-time. This means that the tax settlement data is always current and reflective of the latest economic and societal conditions. The dynamic nature of the system allows for adaptability to changing values and circumstances, leading to more accurate and responsive tax calculations.

59. Political Regulation of Tax Levels: The tax level in Point of tax group number (PoT-IGN) is politically determined, which means that the elected democratic government and political assembly have the authority to set and control tax rates. This flexibility allows for periodic adjustments in real-time based on economic demands and societal requirements for sustainable conditions. It gives governments the tools to respond quickly to economic challenges and shape taxation policies accordingly.

60. AI-Based Tax Recovery: The real-time calculation of tax recovery using AI ensures that the tax settlement process is efficient and accurate. The use of AI enables faster data processing and analysis, leading to more timely tax payments and reduced chances of errors or discrepancies.

61. Enhanced Transparency and Efficiency: The use of Point of tax group number (PoT-IGN) and QR codes increases transparency in the tax system. By using a standardized identifier for all tax settlements, the process becomes more efficient and less prone to human errors. Moreover, the real-time nature of the system reduces the administrative burden on taxpayers and tax authorities alike.

62. Implementing such a system would require a robust technological infrastructure, data security measures, and clear regulations to protect individuals’ privacy and prevent misuse of the system. Additionally, public awareness and acceptance of the new tax settlement approach would be crucial for its successful adoption.

63. verall, the use of Point of tax group number (PoT-IGN) with AI-driven tax settlement and QR codes demonstrates a forward-looking and innovative approach to taxation, which has the potential to streamline tax processes, enhance accuracy, and promote economic and societal goals in real-time. 

64. Information in AI language translation may differ from original text. Please send comments if there is fatal misinformation when texts are translated into your national language. Many thanks in advance for the inconvenience.

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