CyberSource Tax Calculation Service provides real-time tax calculation for orders originating worldwide. Allows businesses selling online and via call centres to avoid the risk and complexity of managing online tax calculation.
Key Features
- Calculations of sales, use and Value Added Tax (VAT)
- Real-time calculation of VAT in more than 30 countries
- Coverage of 44,000 tax jurisdictions in the US and Canada
- Tax assessed by line item rather than total amount
- Tax determined by date
- Accommodation of rate overrides and exemptions
- Tax amount calculation in less than 2 seconds
Key Benefits
- Manage global tax requirements
- Increase customer satisfaction through more accurate sales tax calculations
- Eliminate the time and resources required to update tax tables
- Reduce the risk and complexity of sales tax audits and customer complaints
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