Liquid Engines STx

Unmatched in the industry, Liquid Engines STx is specifically designed for real-time, multi-year, multi-state tax planning, audit analysis, and tax forecasting. Feature-rich and offering unlimited “what if” analysis capabilities, STx enables state tax professionals to advance beyond traditional spreadsheet modeling and analysis to a method that is more efficient, accurate, and transparent. Armed with STx, state tax professionals no longer have to spend valuable time gathering data and maintaining complicated spreadsheets. Instead, they benefit from rapid access to tax information, increased control of their projects, simplified record-keeping procedures, and greater confidence in their decisions.

Completely web-based and scalable to support complex corporate tax structures, STx provides a single, integrated view of state tax information, enabling corporate tax professionals to quickly identify an optimized tax profile and effectively forecast and manage the tax impact of changes in business forecasts, business events, and regulatory environment. With STx, corporate tax departments are now empowered to accurately assess the overall tax impact of changes in a company’s legal entity structure, filing options, intercompany transactions, audit positions, and legislation.

Enhance Accessibility. Ensure Transparency.

With Liquid Engines STx, corporate tax departments can achieve a multi-year (including future years) view of their state income tax position. STx allows for the integration of critical income tax information into a central repository for in-depth analysis across multiple years. In addition, STx’s rich reporting capabilities provide insight at every level, from granular account-level data to high-level summary comparisons. State tax professionals can quickly document and support their “what-if” analyses with quantifiable results.

Optimize Your Tax Profile

Right out of the box, STx provides all the built-in tax intelligence, calculations, and tax rule information required to determine the multi-year tax impact of various tax positions, audit settlements, or changes in the business and the regulatory environment. Leveraging menu-driven wizards and embedded modeling tools, tax professionals can quickly and easily perform complex multi-state, multi-year modeling and analysis of:

• Entity structure—Model structure changes and evaluate an unlimited number of merge and split combinations.
• Nexus—Assess the tax impact of nexus changes, automatically accounting for the effect on destination/throwback sales, including Joyce/Finnigan in unitary states.
• Flow-through entities—Analyze the state-by-state impact of changes to an entity’s check-the-box election.
• Unitary, combined, and consolidated—Measure the impact of filing unitary, combined, or consolidated in multiple states.
• Apportionment—Modify tax rules to model the impact of changes in apportionment factor legislation or negotiated positions, including fourth-factor apportionment metrics for industries with unique apportionment methods.
• Divisions spanning functions, products, and geographies— Track and manipulate data at the division level, while rolling up and calculating liability at the legal-entity or group level.
• Intercompany transactions and transfer pricing—Optimize transfer prices while automatically accounting for intercompany eliminations.
• Multi-year NOL and credits—Track and automatically apply NOLs and credits during what-if modeling to achieve an accurate multi-year view.
• Operations placement—Identify the optimal domicile and legal entity structure for a new operation.

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In addition to our built-in modeling tools, users can also perform ad hoc, iterative “what-if” analysis by simply modifying existing scenarios or take advantage of our breakthrough optimization engines, which empower tax professionals to do what was previously impossible. Leveraging STx's optimization engines, users can efficiently evalute thousands of possible combinations with unprecedently thoroughness and accuracy to identify an optimal entity structure, transfer-pricing model, or apportionment method. With STx, users save time, increase accuracy, and benefit from increased self-sufficiency and certainty about their decisions.

Set Parameters to Meet Your Specific Needs

STx is based on a flexible, parameter-driven approach that makes it easy to modify the embedded tax rules or create user-defined rules to apply negotiated tax positions or model pending legislation. Users can easily model scenarios based on:

• Rules, such as modeling apportionment factors to match your negotiated positions.
  
• Groups, such as accurately modeling unitary, combined, and consolidated filing groups.
  
• Partnerships, such as varying rules on how income is flowed and taxed, ownership structure, and special allocation.
  

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