Location based system and method for calculating sales and use tax
Methods and systems for a location based system and method for calculating sales and use tax for non-traditional points of sale. The methods and systems include a mobile application, a non-transitory computer readable medium for calculating sales and use tax for businesses that do not have a human readable address. Methods and systems for calculating a transactional tax for a mobile app whereby the mobile app is taxed based upon the location of the mobile device or place of first use of the mobile app, rather than where the mobile device was purchased or where it originates.
1. A computer-implemented method for calculating a transaction tax for a mobile app stored on a mobile device, the method comprising:
capturing geographic coordinate data of the location of the mobile device storing the mobile app;
determining if the captured geographic coordinate data is within a transaction tax area by:
geospatially analyzing the captured geographic coordinate data to determine if the captured geographic coordinate data is within the transaction tax area, and utilizing a feature overlay analysis of a coordinate-based data model of a legally defined tax area that represents geometry types for points, lines, polygons and represents the legal boundary of a tax area or tax areas; and
calculating a transaction tax for services and/or products offered by the mobile app based upon the transaction tax area,
wherein the transaction tax area is a non-traditional point of sale that does not have a physical human readable address.
2. The method of claim 1 , wherein the transaction tax is calculated solely on the geographic coordinate data and is unrelated to an address associated with the mobile device.
3. The method of claim 1 , wherein the geographic coordinate data involves the location of first use of mobile app delivered to the mobile device.
4. The method of claim 1 , further comprising capturing additional geographic coordinate data during purchase of services and/or products offered by the mobile app.
5. The method of claim 1 , wherein transaction tax for the services and products purchased is recalculated based upon the additional geographic coordinate data.
6. The method of claim 1 , wherein the additional geographic coordinate data is recalculated on an ongoing basis as the location of the mobile device changes.
7. The method of claim 1 , wherein the method occurs where a transaction is consummated for the imposition of transaction taxes such as sales tax, use tax, value added tax, goods and services tax or other transactional taxes.
8. The method of claim 1 , wherein the determining step includes performing a spatial type relationship function on the captured geographic coordinate data to determine if the geographic coordinate data is within a tax area or tax areas that are in the form of multiple vector data overlays or layers.
9. The method of claim 1 , wherein the determining step involves converting tax area raster data to tax area vector data.
10. The method of claim 9 , wherein the tax area vector data is in the form of a polygon, point or line.
11. The method of claim 1 , wherein the determining step involves performing a spatial type relationship function on the captured geographic coordinate data to a spatial database storage and management system of the tax area or tax areas consisting of the same attribute and geometry and geographic elements in the tax area vector data.
12. A system for calculating a transaction tax for a mobile app stored on a mobile device, the system comprising:
a mobile device; and
a mobile app stored on the mobile device,
wherein the mobile device includes:
a memory comprising computer executable instructions and data, and a processor functionally coupled to the memory and configured by the computer executable instructions, the processor able to:
capture geographic coordinate data of the location of the mobile device storing the mobile app;
determine if the captured geographic coordinate data is within a transaction tax area by:
geospatially analyzing the captured geographic coordinate data to determine if the captured geographic coordinate data is within the transaction tax area, and
utilizing a feature overlay analysis of a coordinate-based data model of a legally defined tax area that represents geometry types for points, lines, polygons and represents the legal boundary of a tax area or tax areas; and
calculate a transaction tax for services and products offered by the mobile app based upon the transaction tax area,
wherein the transaction tax area is a non-traditional point of sale that does not have a physical human readable address.
13. A system for calculating sales tax of a geographic coordinate data, the system comprising:
a memory comprising a sequence of instructions to be performed on spatial data according to the method of claim 1 ;
a memory comprising of stored spatial data; and
a memory comprising of captured geographic coordinate data.
14. A mobile device comprising a global positioning system enabled mobile device of the user that communicates with the spatial database storage and management system through a network, the mobile device performing the method according to claim 1 .
15. The method of claim 1 , wherein the step of calculating is related to tax rate tables.