Protecting tax data in the age of AI

In this episode of the SALT Shaker Podcast, Partners Jeremy Gove and Chelsea Marmor welcome Deepa Menon, a fellow partner in the firm’s Tax Practice Group who focuses her practice on privacy, cybersecurity and AI issues. Together, they discuss the data that tax departments hold, the tension between tax authorities’ potential requirements for greater data retention and privacy laws that favor limiting such retention and exposure, and the increasing requests by tax authorities for personal information during audits.

Deepa explains why tax departments are increasingly subject to privacy obligations, how organizations can balance tax reporting requirements with data minimization principles, and the practical steps companies can take when responding to data requests. She also examines how AI is reshaping privacy and cybersecurity risks, highlighting the importance of vendor oversight, contractual protections and internal AI governance.

To close out the episode, the group weighs in on a pressing non-tax question: Are party favors overrated or underrated?