Computer-based system, computer program product and method for recovering tax revenue
First Claim
1. A computer-implemented method of recovering tax revenue for multiple jurisdictions, comprising the steps of:
- populating a database hosted on a computer-readable medium with data of interstate sales transactions made by respective purchasers from the multiple jurisdictions for which no designated tax has been paid; and
sending a tax due notice to one of the respective purchasers based on the data of the sales transactions stored in the database.
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Accused Products
Abstract
An effective and efficient system for recovering tax revenue. One implementation is to recover tax revenue currently not being recovered by storing data in a database indicating interstate sales transactions on which a seller does not collect a designated tax, such as a sales tax. This database is part of a computer network which organizes and stores the data in the database and automatically sends out tax due notices to purchasers when data in the database indicates that an interstate sale has taken place and no designated tax has been collected from the purchaser by the seller. This database can also be updated to reflect payment of the tax indicated in the tax due notice, and can automatically remit appropriate revenues to a revenue agency when the tax due notice has been paid. One implementation is also collecting a simplified tax on all interstate sales transactions, and then storing data in a database indicating this collected simplified tax and data as to a revenue agency entitled to the tax based on the purchaser, the state of residence of the purchaser, etc. Based on this data in the database, the collected simplified taxes can be proportioned and routed to the appropriate revenue agency.
125 Citations
39 Claims
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1. A computer-implemented method of recovering tax revenue for multiple jurisdictions, comprising the steps of:
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populating a database hosted on a computer-readable medium with data of interstate sales transactions made by respective purchasers from the multiple jurisdictions for which no designated tax has been paid; and sending a tax due notice to one of the respective purchasers based on the data of the sales transactions stored in the database. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A system of recovering tax revenue for multiple jurisdictions, comprising:
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a computer-readable database populated with data of sales transactions made by respective purchasers from the multiple jurisdictions for which no designated tax has been paid; and a network computer configured to access the sales transactions in the database and send a tax due notice to a purchaser of said respective purchasers based on the data of the sales transactions stored in the database. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29)
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30. A system of recovering tax revenue for multiple jurisdictions comprising:
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a database populated with data of sales transactions, made by respective purchasers, for which no designated tax has been paid; and a network computer configured to access the sales transactions in the database and send a tax due notice to a purchaser of the respective purchases based on the data of the sales transactions stored in the database, wherein the network computer comprises a memory encoded with computer readable instructions, said network computer being configured to implement a database access mechanism, a tax due notice sending mechanism when executing said computer readable instructions.
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31. A computer-based system for recovering tax revenue for multiple jurisdictions, comprising:
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means for populating a database with data of interstate sales transactions, made by respective purchasers from the multiple jurisdictions, for which no designated tax has been paid; and means for sending a tax due notice to one of the respective purchasers based on the data of the sales transactions stored in the database. - View Dependent Claims (32, 33, 34, 35, 36, 37, 38, 39)
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Specification