The Internal Revenue Service has relied on Palantir Gotham software for financial crime investigations since at least 2018. This follows a pattern similar to how the U.S. Department of Defense used the platform for counterterrorism operations a decade earlier.
According to a report by The Intercept, the IRS deployed Palantir’s tools to analyze large datasets and identify patterns in suspicious financial transactions. The software enables investigators to cross-reference bank records, cryptocurrency flows and corporate filings in a centralized system.
A former IRS official confirmed the agency’s use of Palantir under a contract managed by a third-party vendor. The system became operational after the 2017 Tax Cuts and Jobs Act expanded the IRS’s investigative powers to combat offshore tax evasion and money laundering.
The IRS has not publicly detailed the scope of Palantir’s involvement. However, financial crime experts note that such software accelerates cases by automating data correlation that previously required manual review.
Palantir Technologies, known for its work with intelligence and law enforcement agencies, did not respond to requests for comment.
Source: techcrunch.com