AI-driven tax erosion looms as global debt rises, warns FD

The FD highlights a growing concern that the AI revolution could erode corporate tax bases, exacerbating fiscal pressures amid high public debt. The piece is an opinion/analysis, not a specific event, but signals a policy debate that may lead to international tax coordination efforts. The uncertainty lies in the scale and timing of tax base erosion, and the potential for new digital taxes or OECD-led reforms.