SOURCE: Proxix Solutions, Inc.

September 18, 2007 07:00 ET

Proxix Solutions Site-US Tax Receives Recertification From the Colorado Department of Revenue

PALM HARBOR, FL--(Marketwire - September 18, 2007) - Proxix Solutions, Inc., a leading provider of location intelligence solutions, announced today that its tax jurisdiction assignment solution, Site-US Tax, has been recertified by the Colorado Department of Revenue.

Colorado Department of Revenue's (CDOR) certification criterion requires that vendors must meet 95 percent accuracy or higher for the population of addresses in Colorado. As the only solution to be recertified, any business or taxpayer using Site-US Tax will not be liable for sales and use taxes otherwise owed to the State of Colorado and state-collected municipalities, counties and special tax districts according to CDOR's "hold harmless" provision.

"We are pleased that Site-US Tax has once again exceeded the 95 percent accuracy rate required by CDOR," stated Paul Wray, president of Proxix Solutions. "Inaccurate tax jurisdiction assignments can lead to incorrect tax filings which can have significant financial ramifications on a business. Enterprises can feel assured that Site-US Tax delivers accurate tax jurisdictions assignments for correct filings, therefore, reducing compliance liability."

Site-US Tax is a fully integrated software and database solution that does not rely upon a ZIP+4-lookup table for tax jurisdiction assignment. Site-US Tax is a geocoding process that compares the physical address location to the municipal and special tax boundaries within Proxix's database. In addition to determining tax jurisdictions, Site-US Tax provides the taxing authority name and remittance, FIPS Place Code, and other applicable information for Sales and Use, Cable, Property and other industry-specific tax applications.

Enterprises can utilize the Colorado Sales Tax Rate Finder, powered by Proxix's Site-US Tax, at http://www.proxixnetwork.com/co/extwelcome.aspx, or license Site-US Tax as an in-house installation or Web Service for tax jurisdiction assignments for the entire United States.

Site-US Tax is also certified by the Florida Department of Revenue (CST).

About Proxix Solutions

Proxix Solutions, a privately held company, is a leading innovator in geospatial solutions that specializes in developing software and Web-based solutions and offers consulting services for insurance, government, retail, telecommunications, utilities and other industries. With a comprehensive product suite, Proxix helps companies make better decisions, cultivate profitable customer relationships and increase market share. For more information about Proxix Solutions, visit www.proxix.com.

Contact Information

  • For more information:
    Lynn Bates
    Tel: 727.781.2662, ext. 313
    Email: Email Contact