Thomas William Waterhouse

Title: The Innovations of Thomas William Waterhouse

Introduction

Thomas William Waterhouse, a prominent inventor based in Lake Oswego, Oregon, has made significant contributions to the field of tax technology with his innovative solutions. Holding two patents, he has developed cutting-edge systems that streamline the determination of transactional taxes globally.

Latest Patents

Waterhouse's most notable patent is the "Universal Tax Engine." This invention is a program-controlled apparatus, system, and method designed to determine the transactional taxes due for each item by any taxing authority worldwide. The Universal Tax Engine consists of three independent databases: the first identifies all of the zones to be examined; the second lists all the taxing authorities; and the third captures the relationship between the first two databases. This structure allows for periodic updates to reflect changes in taxing authorities and provides an autonomous determination of jurisdiction and tax calculations, including any applicable exemptions.

Career Highlights

Throughout his career, Waterhouse has worked with notable companies, including Sabrix, Inc. and Thomson Reuters (Tax & Accounting) Inc. His expertise in tax technology has positioned him as a leader in the industry, creating solutions that simplify complex tax compliance tasks.

Collaborations

In his professional journey, Waterhouse has collaborated with esteemed colleagues like Jeffrey Evan Nadler and James Donovan Barta. Their partnerships have contributed to the advancement of tax technologies, demonstrating the collaborative spirit in the field of innovation.

Conclusion

Thomas William Waterhouse's contributions to the realm of tax technology through his inventive patents highlight the critical role of innovation in addressing complex global challenges. As technology continues to evolve, his work serves as a benchmark for future developments in the industry.