Zytax Global Tax Determination Solution

The Zytax Global Tax Determination Solution is a flexible, rules-based determination capability that identifies tax liabilities for a given transaction and calculates the required indirect taxes. As a transaction-based solution, it determines global taxes across all core business processes.

The Zytax Determination Solution is unlike any other in its field. This easily deployable product provides advanced capability for a low total cost of ownership. You not only save money through tax optimization, you mitigate risk and decrease cost substantially.

Key Features:

• Determines indirect taxes for movement, sale and acquisition of goods and services
• Utilizes expertise in commodities excise tax determination including motor fuels, petroleum products, power and LNG
• Allows front-end transaction validation
• Utilizes centralized repository for all tax management data
• Employs simplified user interface
• Provides simulated scenario evaluation
• Allows audit tracking for security and controls
• Provides applications for integrated processing of exemptions, exceptions and certifications
• Facilitates information query, extraction and reporting tools
• Supported by monthly rate updates to ensure compliance with tax authorities

 Benefits:

• Global application for sales and use, excise, VAT, GST, PST, environmental and other regional and local taxes
• Expertise in commodities excise tax determination such as motor fuels, refined products, power, LNG and others
• Front-end transaction validation
• Centralized repository for all tax management data
• Simplified user interface
• Audit tracking and security controls
• Integrated query, extraction and reporting tools
• Robust error processing
• Integrated processing of exemptions, exceptions and certifications