Determining taxes in an electronic commerce system
US8818878B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 27, 2006 |
| Grant date | Aug 26, 2014 |
| Priority date | — |
| Expiry date | Apr 27, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An electronic commerce system includes a broker that enables customers to purchase items from multiple different merchants. A customer anonymously interacts with the merchants to identify items to purchase, and the merchants provide virtual shopping carts including the item and tax information to the broker. The tax information describes tax rates for the item in multiple jurisdictions. The broker determines the jurisdiction applicable to the customer by, for example, determining a shipping address for the customer. The broker uses the tax information and jurisdiction to calculate the taxes to collect for the item. The broker determines the total cost for the transaction, and conducts an electronic commerce transaction for the item with the customer.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.