Company Filing History:
Years Active: 2011-2012
Title: **Innovator Spotlight: James Donovan Barta**
Introduction
James Donovan Barta, an esteemed inventor based in Hillsboro, Oregon, has made significant strides in the field of tax technology with his innovative approaches. With a total of two patents to his name, Barta has focused on creating solutions that address complex financial challenges faced by businesses worldwide.
Latest Patents
Barta's most notable invention is the **Universal Tax Engine**, a cutting-edge program-controlled apparatus designed to determine the transactional taxes due for each item by any taxing authority globally. This sophisticated system comprises three interconnected databases: the first database consists of a tree structure that identifies all zones requiring examination; the second database catalogs all taxing authorities independent of the first; and the third database represents the relationship between the first two databases.
This invention allows for periodic updates to the databases to reflect changes in taxing authorities, ensuring that users always have access to accurate information. Additionally, it autonomously determines jurisdiction and tax for each line item and calculates taxes based on any exceptions and exemptions. Barta's innovative work simplifies the often-complex process of managing transactional taxes across various regions.
Career Highlights
Throughout his career, James Donovan Barta has contributed to multiple companies that specialize in tax and accounting solutions. Notable mentions include his tenure at **Sabrix, Inc.** and **Thomson Reuters (Tax & Accounting) Inc.**, where he played a role in developing advanced tax solutions that remain impactful in the industry today.
Collaborations
Barta has had the opportunity to collaborate with esteemed professionals in the field, including Jeffrey Evan Nadler and Joseph Allen Blotner. These collaborations have likely enriched his work and contributed to the successful development of his patents.
Conclusion
James Donovan Barta stands out as a key innovator in the realm of tax technology, particularly through his creation of the Universal Tax Engine. His contributions not only demonstrate his expertise in addressing industry challenges but also highlight the importance of innovation in simplifying complex processes. As the field of tax continues to evolve, Barta's work remains a significant asset to businesses navigating the intricate landscape of global taxation.