{"id":583761,"date":"2023-03-19T00:00:00","date_gmt":"2023-03-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/19\/the-digital-nomad-life-is-going-to-see-some-tax-changes-soon-microsoft-is-coming-out-with-another-ai-product\/"},"modified":"2023-03-19T00:00:00","modified_gmt":"2023-03-19T00:00:00","slug":"the-digital-nomad-life-is-going-to-see-some-tax-changes-soon-microsoft-is-coming-out-with-another-ai-product","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/19\/the-digital-nomad-life-is-going-to-see-some-tax-changes-soon-microsoft-is-coming-out-with-another-ai-product\/","title":{"rendered":"The digital nomad life is going to see some tax changes soon + Microsoft is coming out with another AI product"},"content":{"rendered":"\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">The tax man is tracing the footprints of digital nomads: <\/span><span style=\"\">For those who have gotten<\/span><span> accustomed to the peace and comfort of remote work \u2014 away from their tax jurisdiction \u2014 there\u2019s a legislative overhaul afoot that aims to bring you closer to the tax man\u2019s radar. The discussion of tax treatments for cross-border remote work has become a hot topic as the earned income of digital nomads accounts for 1.3% of global personal income, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-18\/what-happens-to-tax-if-you-work-abroad-oecd-to-tighten-rules-on-remote-working?srnd=economics-v2&leadSource=uverify wall\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\"> reports, citing IMF data. Some businesses think that the flexibility to offer remote work \u201cis needed to attract and retain talent in the modern economy and we want to make sure that we\u2019re able to do that,\u201d said a tax official at the Organization for Economic Cooperation and Development (OECD).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">They\u2019re on to you:<\/span><span style=\"\"> The OECD is working on a note for later this year that will list the tax<\/span><span style=\"font-weight:400;\"> challenges and scenarios associated with the post-pandemic trend of remote work in a bid help people, businesses and governments have a better idea of who should be taxed and when and where they will be taxed, according to the business information service. Currently, digital nomads working away from their tax jurisdiction in countries such as China, India, and the UK get taxed by the governments of these countries once their stay crosses a six-month threshold, according to Bloomberg.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Microsoft unleashes new fighter onto AI battleground: <\/span><span style=\"\">Microsoft Corp will in the coming<\/span><span> months roll out Copilot, an AI-powered assistant, across its Microsoft 365 suite \u2014 including Word, Excel, PowerPoint, Outlook, and Teams \u2014 the company<\/span><span><a href=\"https:\/\/blogs.microsoft.com\/blog\/2023\/03\/16\/introducing-microsoft-365-copilot-your-copilot-for-work\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/blogs.microsoft.com\/blog\/2023\/03\/16\/introducing-microsoft-365-copilot-your-copilot-for-work\/\" style=\"\">announced<\/a><\/span><span>on Thursday. Underpinned partly by OpenAI\u2019s<\/span><span><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/15\/theres-a-new-iteration-of-chatgpt-to-get-familiar-with-lets-get-to-know-more-about-donkeys-genetics-100274\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/15\/theres-a-new-iteration-of-chatgpt-to-get-familiar-with-lets-get-to-know-more-about-donkeys-genetics-100274\/\" style=\"\">newly launched GPT-4<\/a><\/span><span>, the software will enable users to generate first drafts of entire documents, presentations, and emails by entering simple prompts. It can also summarize discussions and suggest actions in real time during meetings, among a host of other features, and is currently open to some 20 companies for testing before a wider launch,<\/span><span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-16\/microsoft-msft-brings-openai-chatbot-to-outlook-powerpoint-and-word?leadSource=uverify wall\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-16\/microsoft-msft-brings-openai-chatbot-to-outlook-powerpoint-and-word?leadSource=uverify wall\" style=\"\">Bloomberg<\/a><\/span><span> and<\/span><span><a href=\"https:\/\/www.reuters.com\/technology\/microsoft-unveils-ai-its-office-suite-increased-competition-with-google-2023-03-16\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/technology\/microsoft-unveils-ai-its-office-suite-increased-competition-with-google-2023-03-16\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\"> report.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">AI war tightens: <\/span><span style=\"\">The move is<\/span><span style=\"\">Microsoft\u2019s latest bid to overhaul its product lines with AI and gain<\/span><span> a foothold in the industry ahead of rival Google, which two days ahead of Microsoft\u2019s announcement said it would bring a very similar feature named<\/span><span><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/15\/theres-a-new-iteration-of-chatgpt-to-get-familiar-with-lets-get-to-know-more-about-donkeys-genetics-100274\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/15\/theres-a-new-iteration-of-chatgpt-to-get-familiar-with-lets-get-to-know-more-about-donkeys-genetics-100274\/\" style=\"\">Magic Wand<\/a><\/span><span style=\"font-weight:400;\"> to Google Workspace, adding new capabilities to Docs, Slides, Sheets and Gmail.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Caveat: The software isn\u2019t foolproof: <\/span><span style=\"\">\u201cIt does a lot of amazing things and gets a lot of things<\/span><span> right, but it doesn\u2019t get everything right,\u201d Microsoft Vice President Jon Friedman told Bloomberg. However, Copilot prompts users to review and fact-check the drafts it generates and <\/span><span>embeds<\/span><span style=\"font-weight:400;\"> links to the sources it uses in the process, answering the prevalent criticism that AI chatbots serve up unverifiable information. \u201cJust like any time somebody sends me a draft \u2014 I review the draft,\u201d said Microsoft CEO Satya Nadella. \u201cI just don\u2019t accept the draft.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taxing digital nomads has become a hot topic as they accounts for 1.3% of global personal income<\/p>\n","protected":false},"author":1,"featured_media":583762,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[7094,633,638,462,69,1124],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-583761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-ai","tag-enterprisepm","tag-for-your-commute","tag-microsoft","tag-tax","tag-work-from-home","wpautop","entry"],"acf":{"mongo_id":"1d5482ca-5fc0-4a3e-86d4-0b0ca4608e7f","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/6\/beach-relaxing-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[583756],"teaser":"Taxing digital nomads has become a hot topic as they accounts for 1.3% of global personal income","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.330c9be0-7756-4890-9a28-1f91bc3ad83c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The digital nomad life is going to see some tax changes soon + Microsoft is coming out with another AI product - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/19\/the-digital-nomad-life-is-going-to-see-some-tax-changes-soon-microsoft-is-coming-out-with-another-ai-product\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The digital 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