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Site-US Tax

Advanced Tax Juristiction Application

With 45 states and over 8,000 jurisdictions collecting sales and use tax, understanding the precise location of a service or delivery address is critical for the proper billing, collection, and remittance of transaction taxes, and the proper assessment of tangible personal property for general businesses and utilities.

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Site-US Tax from First American is a tax jurisdiction assignment solution with a 95-percent or better return accuracy. This solution identifies tax jurisdictions based on the physical location of a property using First American's high-precision geocoding and spatial analytics technologies combined with municipal and parcel boundaries and tax data. Unlike ZIP Code-based solutions, which are prone to errors, Site-US Tax helps enterprises avoid costly audits, customer service problems, and non-compliance issues. Site-US Tax identifies the various special tax districts associated with an address. It can also determine the applicability of the district tax file for all First American transaction tax files.

Compatible with most popular tax rate software, Site-US Tax can pass the correct jurisdiction information, geographic coordinates, and the "in or out" of city indicator to the tax engine, enabling it to apply the correct tax rates and rules. It integrates seamlessly into existing architectures or can be hosted by clients via an XML/SOAP Web service. Additionally, businesses can utilize Site-US Tax Online, a subscription-based Web portal, to process a single address or a file of addresses.

Site-US Tax has received certification from the Colorado Department of Revenue and as a Communications Service Tax database by the Florida Department of Revenue. First American also builds and maintains the SSTP files for the state of Nebraska.

Tax Databases

First American offers a suite of leading tax databases:

Transaction Taxes

Sales and Use
Telecommunications
Cable
Leasing/Rental
Utilities
Special Tax Districts - Includes School Districts for application of utility service taxation

Non - Transaction Taxes

Payroll
Property

Accuracy

Accurate Tax Jurisdiction Assignment

Site-US Tax uses precise geocoding, spatial analysis and an updated nationwide tax database to deliver the most accurate assignment of tax jurisdictions.

Because Site-US Tax uses location intelligence to determine the tax jurisdiction, errors common to solutions that use a ZIP Code or ZIP+4 look-up table are not problematic to Site-US Tax. Simply put, ZIP Codes and postal data were developed for delivering mail and are not accurate for tax situsing.
Did you know that:

* Municipality boundaries constantly change.
* A postal city is not the same as a taxing city.
* ZIP Codes crossing municipal boundaries.
* ZIP Codes crossing county boundaries.

Site-US Tax's precise level of accuracy allows organizations to feel confident that they are assigning the proper tax jurisdiction to a customer record; thereby avoiding costly audits, customer service issues and even class-action lawsuits.

Maintenance

Managed Databases

First American has a staff dedicated to the collection and maintenance of its tax databases for sales and use, income, and industry-specific taxes, including cable, leasing, telecommunications, utility, property, payroll and special tax districts. First American provides quarterly updates for its jurisdiction boundaries and transaction tax information. First American's tax jurisdiction database provides access to municipality data as well as enhanced tax data. Learn more about First American's tax databases.

Consulting

Consulting Services

Tax consulting services improve compliance and the overall efficiency of your tax systems, including the creation of FIPS conversion tables to integrate Site-US Tax results with your tax calculation engine.

SAP

SAP Address Link

A Total Tax and Address Validation Solution

Most tax software has a means of providing tax jurisdictions associated with an address, however, various problems exist with the technology causing inaccuracies. DuCharme, McMillen & Associates, Inc. (DMA), a system integrator, recognized the high rate of inaccuracies in today's software and developed, SAP Address Link, an interface that seamlessly integrates Site-US Tax with external calculation software and SAP or other ERP systems. SAP Address Link is the only system on the market that automatically assigns a TaxWare or Vertex tax jurisdiction code to individual addresses.
Benefits of SAP Address Link:

Avoids manual user intervention (pop up windows) during tax jurisdiction code assignment when an address/ZIP Code fall into multiple counties or municipal boundaries. This can be especially helpful in batch EDI, Internet) processing.
The system can prevent users from saving an invalid address.
Integrates with mapping software applications to add mapping capabilities for address visualization.
Determines tax jurisdiction for places not associated with a street address.
Reduces cost associated with returned or undeliverable mail due to incorrect addresses.
Increases tax compliance and eliminates the need for tax adjustment postings due to the assignment of incorrect tax jurisdiction codes.

Last Updated on Monday, 20 July 2009 13:54