Tax Determination Engine

Real-Time, Automated Tax Calculations

Perform instant and accurate automated tax calculations at the moment of a transaction. It goes beyond simple rate tables by considering a multitude of factors to determine the correct tax to apply.

Jurisdictional Determination

Utilize jurisdictional determination by analyzing various data points such as buyer and seller license types, and where the product was loaded and delivered.

Up-to-Date Tax Content

Automatically receive and implement rates and rules updates through tax compliance software. This ensures that the calculations are always based on the current tax rates and the latest tax laws, preventing errors and non-compliance.

Taxability Logic

Determine the taxability of a product from multiple factors such as product type, movement type, origin, and destination.

Exemption Management

Identify exemptions and exceptions from taxes based on license type, business type, or organizational type.

Seamless Integration

Easily integrate this solution as a stand-alone tool or as a 'bolt-on' to energy trading software, ERPs, billing and invoicing software.