Handling taxes in computer-based sales transactions
US7739146B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 14, 2004 |
| Grant date | Jun 15, 2010 |
| Priority date | — |
| Expiry date | Dec 7, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/123
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and apparatus, including computer program products, implementing techniques for handling taxes in computer-based sales transactions. In a sales transaction, a buyer makes a purchase from a seller. The purchase has a purchase price and a tax amount owed on the purchase. In one aspect, the techniques include using a tax handling proxy to identify a tax calculation service for a sales transaction and to interact with the identified tax calculation service to obtain the tax amount for the sales transaction. The tax calculation service is provided by a governmental tax authority. In another aspect, the techniques include transferring payment for a tax amount from the buyer to the governmental tax authority without passing through the seller. The payment for the tax amount is transferred contemporaneously with a transfer of a payment for the purchase price to the seller.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.