Definition: State Tax Catalog Management is an IT concept that involves the use of software or systems to manage, organize, and maintain a catalog of various state taxes. This can include information about tax rates, tax laws, and other related data. Source: Investopedia Source reference: https://www.investopedia.com/terms/t/tax-management.asp Additional information: State Tax Catalog Management is an essential part of financial software systems, particularly for businesses that operate in multiple states. The catalog can include a wide range of data, such as the different tax rates for each state, the specific tax laws and regulations in each state, and other relevant information. This data can then be used to calculate taxes, generate tax reports, and ensure compliance with all state tax laws. The management of this catalog involves keeping the data up-to-date and accurate, which can be a complex task given the frequent changes in tax laws and rates. Example: Examples of application include financial software like QuickBooks or TurboTax, which use State Tax Catalog Management to calculate the correct amount of state taxes for their users. Another example is e-commerce platforms like Amazon or eBay, which use this concept to calculate the correct amount of sales tax for each transaction, based on the location of the buyer. LOST view: OV-Digital Public Services Catalogue Identifier: http://data.europa.eu/dr8/egovera/StateTaxCatalogManagementBusinessService EIRA traceability: eira:DigitalPublicBusinessService ABB name: egovera:StateTaxCatalogManagementBusinessService EIRA concept: eira:ArchitectureBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/StateTaxCatalogManagementBusinessService dct:title: State tax catalog management Digital Public Service