The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Dec. 11, 2012
Filed:
Mar. 18, 2011
Jeffrey Evan Nadler, Portland, OR (US);
James Donovan Barta, Hillsboro, OR (US);
Joseph Allen Blotner, Portland, OR (US);
Eric Thomas Christian, Beaverton, OR (US);
Carolyn Brauner Fong, Beaverton, OR (US);
James Madison Seymour, Jr., Hillsboro, OR (US);
Thomas William Waterhouse, Lake Oswego, OR (US);
Gregory Alan Woolsey, Newberg, OR (US);
Jeffrey Evan Nadler, Portland, OR (US);
James Donovan Barta, Hillsboro, OR (US);
Joseph Allen Blotner, Portland, OR (US);
Eric Thomas Christian, Beaverton, OR (US);
Carolyn Brauner Fong, Beaverton, OR (US);
James Madison Seymour, Jr., Hillsboro, OR (US);
Thomas William Waterhouse, Lake Oswego, OR (US);
Gregory Alan Woolsey, Newberg, OR (US);
Thomson Reuters (Tax & Accounting) Inc., Stamford, CT (US);
Abstract
A program controlled apparatus, system, and method for determining the transactional taxes due for each item by any taxing authority worldwide. The apparatus comprises a first database comprising a tree structure identifying all of the zones to be examined. A second database comprising all of the taxing authorities is independent from the first zone database. A third database, decoupled from the first and second databases, has data representing the relationship between the data records of the first database and the data records of the second database. Each of the databases can be updated periodically to reflect any changes in identified taxing authorities for the zones over which they may have taxing authority. Furthermore, the present invention provides for an independent, autonomous determination of jurisdiction and tax for each line item and calculates the tax based on any exceptions and exemptions.