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Vertex® Value Added Tax O Series™

With capabilities to calculate tax for international transactions, Vertex Value Added Tax O Series can help businesses effectively manage the complexities associated with VAT compliance.

Because many U.S.-based businesses open overseas subsidiaries that handle VAT compliance, the complexity of managing VAT is often compounded. When you factor in the disparate technologies between divisions, varying rates and rules from country to country, and infrequent communication among entities, many businesses may be unknowingly exposing themselves to penalties for improper VAT compliance.

Vertex Value Added Tax O Series enables your tax department to effectively manage VAT compliance for the complex tax requirements of more than 240 countries and territories - including multi-level tax in Brazil, China and India.

Vertex O Series accurately analyzes the transaction data provided by a financial system, recognizes the pertinent facts of the transaction, determines which jurisdiction has domain over the transaction, and factors whether the buyer or seller has to account for VAT on the transaction.

The system will then calculate tax based on Vertex-supplied or user-defined rate and rule taxability data, return the tax calculated to the financial application, and record the information in a tax journal for future use in reports, returns preparation, or audit documentation.

Internal logic within Vertex VAT O Series can help your business manage:

• Place of supply regulations
• Acquisitions and dispatches
• Shipping terms
• Import VAT
• Export sales

By providing businesses with a centralized system to update and maintain VAT information on a global scale, we can help you reduce total cost of ownership. But, if centralized VAT processes is not what your business is seeking, the architecture of Vertex Value Added Tax O Series lets you tailor your deployment according to your various operating environments. Regardless of which option works best for your business, this type of flexibility enables Vertex to help you reduce the costs associated with your VAT compliance processes.

Combined with Vertex’s solutions for North American transaction taxes, Vertex Value Added Tax O Series enables you to process all relevant transaction taxes using a single processing engine, the Transaction Processing System (TPS). By applying Internet technologies such as Java, HTML, XML and SOAP, TPS provides greater deployment and integration flexibility, ultimately improving efficiency and reducing the cost of processing taxes for businesses large and small.

Learn more about the Vertex Transaction Processing System, the common platform for all transaction-based O Series tax calculation products.

Learn more about Vertex Value Added Tax O Series here. (PDF 2 MB)

Please submit a Product Inquiry form to learn more about Vertex Sales Tax O Series or call us at 800.355.3500.