Timothy M Finnegan

US Patent:

8306881, Nov 6, 2012

Filed:

Oct 5, 2010

Appl. No.:

12/898460

Inventors:

Druvaan B. Von Drehnen - Queanbeyan, AU
Sean Shine - Rathgar, IE
Timothy M. Finnegan - Great Falls VA, US
David Roland Hunter - Mosman, AU
Stephanie Lynn Willette - North Chatham NY, US

Assignee:

Accenture Global Services GmbH - Schaffhausen

International Classification:

G06F 17/22
G07F 19/00

US Classification:

705 31, 705 19

Abstract:

A tax transaction system, and combined sale and tax transaction systems, are disclosed for use in electronic commerce for the deduction of a tax, which may be a sales tax, value-added tax, or any tax on income related to a transaction or taxing event. A trusted third party server system () may be provided which handles the calculation and/or deduction of a tax, e. g. related to a transaction of the sale of a good or service from a seller () to a buyer (), on behalf of the seller, and which further provides for the remission of the tax to a tax collection agency (), and which may perform the entire sale and tax transaction by proxy on behalf of the seller. Software modules () including objects which embody instruction code and data structures to enable integral tax calculation and collection solutions, including multi jurisdictional tax calculation, remission and reporting, and even real time tax collection at point of sale, are provided. Such modules may form part of a data processing system hosted by a third party to a taxing event transaction, or be distributed in a pervasive manner, such as via the Internet in multiple server locations, as a downloadable client module, embodied in multiple hardware devices such as smartcards, electronic tags, radio frequency identification (RFID) tags.

US Patent:

20040002906, Jan 1, 2004

Filed:

May 1, 2003

Appl. No.:

10/429014

Inventors:

Druvaan Von Drehnen - Queanbeyan, AU
Sean Shine - Dublin, IE
Timothy Finnegan - Great Falls VA, US
David Hunter - Mosman, AU
Stephanie Willette - North Chatham NY, US

International Classification:

G06F017/60

US Classification:

705/031000

Abstract:

A tax transaction system, and combined sale and tax transaction systems, are disclosed for use in electronic commerce for the deduction of a tax, which may be a sales tax, value-added tax, or any tax on income related to a transaction or taxing event. A trusted third party server system () may be provided which handles the calculation and/or deduction of a tax, e.g. related to a transaction of the sale of a good or service from a seller () to a buyer (), on behalf of the seller, and which further provides for the remission of the tax to a tax collection agency (), and which may perform the entire sale and tax transaction by proxy on behalf of the seller. Software modules () including objects which embody instruction code and data structures to enable integral tax calculation and collection solutions, including multi-jurisdictional tax calculation, remission and reporting, and even real time tax collection at point of sale, are provided. Such modules may form part of a data processing system hosted by a third party to a taxing event transaction, or be distributed in a pervasive manner, such as via the Internet in multiple server locations, as a downloadable client module, embodied in multiple hardware devices such as smartcards, electronic tags, radio frequency identification (RFID) tags.

US Patent:

20110022485, Jan 27, 2011

Filed:

Oct 5, 2010

Appl. No.:

12/898414

Inventors:

Druvaan B. VON DREHNEN - Queanbeyan, AU
Sean SHINE - Dublin, IE
Timothy M. FINNEGAN - Great Falls VA, US
David Roland HUNTER - Mosman, AU
Stephanie Lynn WILLETTE - North Chatham NY, US

International Classification:

G06Q 30/00
G06Q 40/00

US Classification:

705 19, 705 39, 705 271, 705 44

Abstract:

A tax transaction system, and combined sale and tax transaction systems, are disclosed for use in electronic commerce for the deduction of a tax, which may be a sales tax, value-added tax, or any tax on income related to a transaction or taxing event. A trusted third party server system () may be provided which handles the calculation and/or deduction of a tax, e.g. related to a transaction of the sale of a good or service from a seller () to a buyer (), on behalf of the seller, and which further provides for the remission of the tax to a tax collection agency (), and which may perform the entire sale and tax transaction by proxy on behalf of the seller. Software modules () including objects which embody instruction code and data structures to enable integral tax calculation and collection solutions, including multi jurisdictional tax calculation, remission and reporting, and even real time tax collection at point of sale, are provided. Such modules may form part of a data processing system hosted by a third party to a taxing event transaction, or be distributed in a pervasive manner, such as via the Internet in multiple server locations, as a downloadable client module, embodied in multiple hardware devices such as smartcards, electronic tags, radio frequency identification (RFID) tags.