Through its Tax Rules Database, Liquid Engines ITx delivers unprecedented tax code modeling opportunities as they apply to large, complex U.S. multinational organizations. The Tax Rules Database manages tax code complexity while simultaneously providing the flexibility to model numerous tax positions and policies.

The extensive Tax Rules Database contains multi-jurisdiction, multi-industry, and multi-year U.S. tax regulations. Presented through our patent-pending "parameter-based" approach, the flexibility of our system allows users to apply specific tax rules where and when they are applicable.

In addition to its built-in tax rules, ITx offers the ability to set user-defined tax rules that can be used to model pending legislation or set negotiated tax terms and apply rules to individual entities in user-specified jurisdictions. The database enables tax professionals to:

• Analyze the impact of pending legislation.
• Create and model tax positions with user-defined high/low tax brackets and rates.
• Analyze NOL, FTC, and R&D credit carryover year changes.
• Model future structure changes in light of changed regulations or filing positions.
• Analyze the impact of adding a business in other foreign countries.
• Model changes to withholding tax rates against user-defined payment types.

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