| Multi-state Tax Rules Database
Through its Tax Rules Database, Liquid Engines STx delivers unprecedented tax modeling opportunities as they apply to large, complex, multi-jurisdictional organizations. The Tax Rules Database manages tax code complexity while simultaneously providing the flexibility to model numerous tax positions and policies.
Our extensive Tax Rules Database contains multi-jurisdiction, multi-industry, and multi-year state tax regulations and tax codes for more than 56 state and municipal jurisdictions. 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 built-in tax rules, STx 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 Tax Rules Database enables planners to:
- Analyze the impact of pending legislation.
- Analyze negotiated tax positions.
- Analyze company-specific tax positions.
- Contemplate future structure changes in light of changed regulations or filing positions.
- Model multiple interpretations of tax code and apply various interpretations by entity or industry.
- Analyze consistency of positions across entities, jurisdictions, or years.
- Model custom jurisdictions and tax rules.
- Define industry specific apportionment methods and the allowed method in each relevant jurisdiction.
- Analyze the impact of adding business in other jurisdictions.
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