Patent · US Active

Method and system for assessing and reporting VAT charges for network-based marketplace services

US7827079B2 · kind B2 · utility

9Cited by
4References
27Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 30, 2003
Grant dateNov 2, 2010
Priority date
Expiry dateNov 30, 2026

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/123
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method and system for assessing VAT on marketing services provided via a network-based marketplace are disclosed. VAT is automatically assesses for users of the services having residences in different countries, at least a portion of which require VAT charges for the services. Corresponding data is stored at individual sites operated by the marketplace service. Periodically, VAT-related data are aggregated for each of the plurality of countries to generate respective tax return reports. VAT is accessed for different users based on the country of residence of the user and whether the user has a VAT-exempt status.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.