MGI Latin America creates collaborative AI tool for a new way of advising across the region
As artificial intelligence reshapes the way we work, MGI Worldwide firms across Latin America have stepped up — not only adapting to change, but building it together.
TAXINSTANT is an AI agent specialised in tax matters, developed collaboratively across the region, with Oscar Chile Monroy (MGI Chile Monroy y Asociados, Guatemala) and Carlos Yepes (CPA BAAS, Colombia) leading the initiative.
Collaboration and shared expertise
The idea emerged from regional discussions on how to work more closely, create new opportunities, and strengthen the network’s positioning. Alongside conversations on innovation, firms identified a clear opportunity: to build a tool combining technical expertise, regional collaboration, and accessibility. What began as a concept quickly evolved into a multi-country project with a shared goal.
Its development reflects the strength of the network. Firms contributed tax legislation, labour regulations, foreign investment frameworks, and tax incentives from their respective countries, creating a unique regional knowledge base while strengthening collaboration between teams.
The result is a practical, agile, and always-available solution. TAXINSTANT enables fast, accessible tax queries, improving internal efficiency and supporting timely, reliable client responses, ultimately enhancing service quality.
What else does TAXINSTANT do?
Beyond operations, TAXINSTANT also supports business development. By providing valuable information to local and international users, it creates opportunities to connect with potential clients and reinforces the role of member firms as trusted advisors. It also facilitates access to regional regulations for foreign investors, positioning the network as a key reference point in Latin America.
At an institutional level, the tool reinforces a clear image of a modern, innovative network aligned with global trends. By integrating AI into the tax field, MGI Worldwide strengthens its position as a forward-looking network combining technical expertise with innovation.
You can explore MGI Latin America's agent here.
Working together brings potential for growth
With over a thousand queries already completed, even at this early stage, TAXINSTANT is demonstrating its potential. It is not just a technological tool, but a clear example of what can be achieved when knowledge, innovation, and collaboration come together to deliver better service, create opportunities, and position the network for the future.
To find out more reach out to Latin America Regional Director Andrea Pallas.
MGI Worldwide is a leading global accounting network and association with over 8,500 professionals, across audit, accounting, tax, legal and consulting, in some 440 locations in 100 countries around the world.