These include Zytax Compliance, which determines applicable taxes, generating schedules and returns for all major reporting jurisdictions in the United States. The system tracks workflow status and displays it in a dashboard. Returns can be filed electronically via formats such as EDI, XML and Excel, or by paper. Zytax Determination calculates taxes for a broad range of fuel transactions, including invoices, purchase orders, sales orders, or movement accruals while Zytax Government is designed to handle fuel revenue collections for government agencies.
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AVALARA BUYS ZYTAX APPLICATIONS Featured
Avalara has acquired the Zytax line of energy-related tax applications for the United States and international jurisdictions. Terms were not disclosed. The Bainbridge Island, Wash.-based sales tax vendor purchased the product line from FuelQuest, which makes cloud-based software and services for what are termed global downstream energy companies. There are three Zytax SaaS products that cover the fuel excise tax arena.
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