Spotlight: Making Telecom Taxation Simple

Automated Tax Rating and Invoice Generation

Service providers who provide landline, wireless, cable, internet, or VoIP are required to understand the complex nature of taxes and fees imposed on these services. Some examples of communications taxes include sales taxes, state and local telecommunications taxes, federal and state universal fund fees, and 911 fees.

Communications tax determination

Telecom tax can be imposed as a flat fee or as a percentage of the cost of the telecommunications services. It may also be collected as part of the monthly bill that a person or business receives from their provider.

Billing these taxes and fees can be very complex.  By leveraging our relationships with some of the top telecom tax databases, we automate the tax rating aspect of generating telecom invoices.

Using prebuilt connections with tax engines, our robust taxing component enables CSPs to accomplish the following tasks:

• Keep current on rates for states and jurisdictions
• Geocode customers locations
• Customize rates and rules
• Categorize revenue for better reporting
• Reduce the risk of audit liability or lost revenue
• Look up US and international rates
• Refund taxes with service credits or adjustments
• Override tax codes and descriptions
• Create tax grouping for invoice display

Calculate communications tax rates from within our billing solution

TimelyBill can help solve your telecom tax issues by applying up-to-date rates, automating the complex math, and accurately presenting them on customer invoices.

We have connectors to three of the most widely used and trusted telecom tax engines for billing telecom services: Avalara, Compliance Solutions (CSI), and CereTax.

As an industry leading billing platform, TimelyBill's tax rating component enables us to provide accurate taxation.

Related Post: 10 Things That Should Be Included in a Telecom Invoice