System and method of transactional taxation using secure stored data devices
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United States of America Patent
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Jun 20, 2000
Grant Date -
N/A
app pub date -
Mar 18, 1998
filing date -
Mar 20, 1997
priority date (Note) -
Expired
status (Latency Note)
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Abstract
A system for transactional taxation includes a secure stored data device, such as a smart card, having means for storing purchaser-specific data, an interface device for communicating with the secure stored data device and means for determining a tax rate on a purchase using the purchaser-specific data.
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