Liquid Engines STx includes a comprehensive data repository that enables corporate tax departments to collect, standardize, and centralize critical data associated with state and local taxation. By integrating relevant data, STx eliminates issues commonly associated with independent data silos, disparate tax systems, and individual spreadsheets. With STx, users have rapid access to data, advanced tax calculations, and enhanced record keeping to comply with Sarbanes-Oxley documentation requirements.

The STx Data Repository is legal entity-centric and completely configurable. In addition, it supports the consolidation of data over an unlimited number of years (past, current, and future) and includes reporting tools to maintain, update, manage, and analyze the data on a continuous basis. The flexibility of the system enables users to easily import data from an unlimited number of sources, including compliance systems, financial applications, and Excel spreadsheets.

The data repository includes:

• Multi-year legal entity structure
• Multi-year entity- or division-level income and apportionment factor information
• Multi-year group membership and filing elections
• Group and entity-level eliminations
• Tax rules for domestic taxing jurisdictions
• Flow-through rules
• NOLs and credits
• Apportionment methods and detailed sub-accounts
• Intercompany transactions and transfer prices
• Intercompany transaction expense disallowance

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