Tax calculator
OwnerPatricia L. Stokes, David E. Prouhetinventors
Life of this patent
Estimating the term…
Abstract
The invention is a system or method (collectively the “system”) for calculating transaction-based taxes, such as use tax and sales tax. Some of the data used to generate a tax calculation relate solely to the particular transaction. Other data can be potentially be used for several different transactions, and need only be collected and stored once. The tax calculator can generate tax calculations using both transaction data and non-transaction data, although such data can originate and be stored through different mechanisms and sources. The system can be configured to implement and enforce in an automated manner, the tax conclusions and selections provided by the merchant.
Claims34
A system for calculating transaction-based taxes, comprising:
- a transaction subsystem, including a transaction characteristic and an online shopping cart, wherein said transaction subsystem is configured to receive said transaction characteristic from said online shopping chart;
- a subscription subsystem, including a nexus characteristic and a signup interface, wherein said nexus characteristic is selected through said signup interface;
- and
- a tax calculator, including a tax calculation, wherein said tax calculator generates said tax calculation from said transaction characteristic and said nexus characteristic.
A system for calculating transaction-based taxes, comprising:
- an interface subsystem, including:
- a transaction interface and a plurality of transaction characteristics, wherein said plurality of transaction characteristics comprise a cost, a location, and a classification, wherein said transaction interface is configured to receive said plurality of transaction characteristics;
- and
- a merchant interface and a plurality of merchant characteristics, wherein said plurality of merchant characteristics comprise an exemption characteristic and a nexus characteristic, wherein said merchant interface is configured to receive and store said plurality of merchant characteristics for repeated access;
- a database, comprising a plurality of extended zip codes, wherein said plurality of extended zip codes includes a particular extended zip code, wherein said system identifies one said particular extended zip code from said plurality of extended zip codes with said location from said transaction interface;
- and
- a tax calculator, including a tax calculation, wherein said tax calculator provides for generating said tax calculation from said plurality of transaction characteristics, said plurality of merchant characteristics, and said particular extended zip code.
A method of providing subscribers with transaction-related sites on the Web with a tax calculation for a particular transaction process, comprising:
- receiving a plurality of subscriber characteristics during a setup process of a subscriber;
- configuring an interface system to capture a plurality of transaction characteristics relating to a particular transaction process, wherein said plurality of transaction characteristics relate to a transaction in which the subscriber is a party;
- and
- generating a tax calculation for the particular transaction process from said plurality of subscriber characteristics and said plurality of transaction characteristics.
Dependencies are inferred from the claim text.