Patent · US Active

System and method for determining foreign paid taxes

US8306880B1 · kind B1 · utility

2Cited by
7References
33Claims
0Family size

Assignee

Inventors

Key dates

Filing dateAug 3, 2007
Grant dateNov 6, 2012
Priority date
Expiry dateAug 2, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/06
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method for determining foreign paid taxes involves receiving an identification (ID) value linked to an account; requesting a financial record associated with a foreign tax jurisdiction from the account; obtaining a total price of a purchase associated with the financial record; extracting a foreign paid tax from the total price; calculating a tax sum based on the foreign paid tax; and populating a section of a form based on the tax sum.

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