Taxes

CIS calculates taxes on goods and services provided to Customers as part of the billing process. Part of this invoice calculation is the use of CCH Tax product to import tax rates, fees, and jurisdictions.

The main functions of CCH Tax are:

• Provide tax rates: CCH Tax has "legislation teams" that monitor new laws and provide updates monthly.
• Provide tax algorithm advice: CCH Tax has usage guides to calculate certain types of taxes. Some of the more complex tax scenarios are tiered taxes, yearly thresholds, and "tax on tax" scenarios.
• Provide Zip/Plus4 information: CCH Tax provides good geographical information for Customer's service locations.

This topic provides an overview of CCH Tax usage and the following concepts:

• What taxes apply to which accounts?
• What taxes were charged on a particular invoice?
• The FAQ about taxes from our clients