Product Sales Taxability Down to the SKU

» The UPC MatrixMaster™: Taxability as a Service (TAAS)

Tax Matrix cuts through the POS sales tax clutter. We work with retailers to ensure transactions at the POS are in compliance with each state in which our client sells products. The UPC MatrixMaster™ saves our client's significant time and resources by providing a fully managed and maintained in-house service that is customized per our client's specifications. No software is needed, and this service is not a bolt-on to any legacy system you may have in place. Viable retail clients include: grocery, convenience and specialty chain stores. The service covers every taxing jurisdiction – state, county, city and even district in some cases.

The service covers nationally vs. private labeled items, prepared foods, store size variance for services offered, and client file enhancements:

• Tax Holidays
• WIC eligibility
• SNAP eligibility
• E911
• Phone Cards
• Tire and CRT Disposal Fees

The UPC MatrixMaster™ was designed to thwart three tax threats that face the retailer from POS sales transactions:

1. The State Auditor for under-charging sales tax;
2. The Consumer for over-charging sales tax;
3. Predatory Law Firms who pursue class action law suits against

» Inside the UPC MatrixMaster™

The UPC MatrixMaster™ is a patented, multi-state, product taxability database that maintains the product sales taxability (exempt or taxable) for millions of products. Utilizing the G Tin (formerly known as the UPC) allows our research team to recognize specific product characteristics such as the product's manufacturer, product size, ingredients and packaging. These specific product characteristics arm our research staff with the necessary information to accurately determine a product's taxability.

We focus solely on UPC tax determinations and receive multiple UPC files weekly, so the accuracy of aggregated product information significantly enhances the UPC product descriptions and thus the accuracy of our sales and use tax determinations. And we do defend our sales and use tax determinations. Over the past 11 years, we have successfully defended every tax determination involving our clients where the state auditor has taken an adverse position.

The UPC MatrixMaster™ is customized for a retailer or any type of business that sells or identifies its products using an alpha or numeric code (i.e. a barcode). Tax Matrix also provides its retail clients with tax flag settings for products taxed at a different (lower/higher) rate or a rate for a specific food category such as Beer/Wine & Liquor.

Since 1999, Tax Matrix has serviced dozens of retailers, from single-state grocery stores to large corporations operating in all states. Interested parties are free to inquire about references; many companies have used our service for over 5 years.

» The UPC MatrixMaster™ provides retailers with the following solutions:

• The benchmark system for product taxability determinations at the Point of Sale.
• A database that utilizes the product standard, the UPC, for providing a solution for the POS sales tax confusion problem.
• The ability to process a large volume of products in any file layout for product taxability determinations.
• The most efficient method for incorporating sales and use tax compliance and tax law changes into a retailer's product listing file.
• The ability to accommodate full and partial exemptions, sales tax holidays and local exemption/rates.
• Reports that show the retailer specific products that were erroneously taxed or not taxed.

Download this 12-page e-brochure that offers a comprehensive overview of the UPC MatrixMaster™ service.