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📂 **Category**: Government & Policy,In Brief,irs,Palantir,Trump Administration
💡 **What You’ll Learn**:
Palantir has helped the Internal Revenue Service’s Bureau of Criminal Investigation investigate a variety of financial crimes in the United States for much of the past decade, The Intercept reported.
The IRS has paid the company $130 million since 2018 to use its data analysis software to examine financial records for investigative purposes, media outlets reported, citing public records detailing Palantir’s IRS contract obtained by the nonprofit watchdog group American Oversight.
It was previously known that the IRS was using Palantir products, and that the agency saw the software as a way to automate and modernize audits. Last summer, it was also reported that Palantir was helping DOGE, the “government efficiency” initiative launched by President Trump’s executive order with a project designed to access IRS records. However, the extent to which the agency uses the company’s tools has not been previously reported.
The software, Palantir’s Lead and Case Analytics platform, is used to collect and analyze data across a variety of federal agencies. The software can find “connections from millions of records with thousands of links” between different databases, and the tool is particularly good at mapping human relationships and connections, according to the outlet.
Earlier this week, American Oversight filed a lawsuit against the Trump administration over public records related to several federal agencies’ use of Palantir’s tools, including the IRS. TechCrunch has reached out to Palantir for more information and will update the article if the company responds.
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#️⃣ **#Palantir #helping #IRS #investigate #financial #crimes**
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