Real-time assessment tool to determine valuation of rolling stock

Abstract

A method, system, and non-transitory computer readable medium for determining a real-time valuation of a rolling stock vehicle. The method may include obtaining weather data from a weather data source, load data from a load data source, grade data from a grade data source, and damage data from a damage data source; performing a determination of a rate of depreciation for the rolling stock vehicle; calculating, for a trip, a current valuation based at least in part on the weather data, the load data, the grade data, the damage data, the rate of depreciation, trip mileage data, and trip time data; and upon exiting a taxing jurisdiction: calculating, for a taxing jurisdiction across a network in real-time, a taxing jurisdiction exiting valuation for the taxing jurisdiction based at least in part on the weather data, the load data, the grade data, the damage data, the rate of depreciation, taxing jurisdiction mileage data, taxing jurisdiction time data, and taxing jurisdiction mapping data; and providing the current valuation and the taxing jurisdiction exiting valuation to a business management application (BMA), where the current valuation and the taxing jurisdiction exiting valuation are used to determine a tax amount owed during a tax period.