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Dynamic, rule-based, tax-decision system

  • US 7,739,160 B1
  • Filed: 12/19/2005
  • Issued: 06/15/2010
  • Est. Priority Date: 12/22/2004
  • Status: Active Grant
First Claim
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1. A computer-implemented method for determining taxably relevant data associated with a transaction, comprising the steps of:

  • receiving, by a computer, data associated with the transaction;

    determining, by the computer, a tax category code by processing the data;

    determining, by the computer, a product code using singularly defined business rules and the data byassociating the singularly defined rules with a plurality of product categories,determining a product associated with the transaction,identifying a first rule within the singularly defined rules that is associated with the category for the productapplying the first rule to the first transaction, anddetermining the product code by applying the first rule to the transaction;

    determining, by the computer, a destination jurisdiction code by processing the data associated with the transaction;

    determining, by the computer, a point of order origin jurisdiction code using the destination jurisdiction code;

    determining, by the computer, an originating jurisdiction code by iterating through a hierarchy of potential ship from jurisdiction codes using the singularly defined business rules until one of the potential ship from jurisdiction codes is selected as the originating jurisdiction code; and

    determining, by the computer, a point of order acceptance jurisdiction code by processing the originating jurisdiction code and the destination jurisdiction code;

    wherein the taxably relevant data is thereby determined.

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