Thomson Gets Property Tax Patent

Thomson Tax & Accounting received a U.S. patent for its ePropertyTax software's ability to manage multi-jurisdictional property tax information.

The patent covers 43 claims for the software. The inventors credited on the patent include Richard Nearhood, vice president of property tax, and Scot Crismon, director of technology, at Thomson Tax & Accounting's Corporate Software & Services Division.

Thomson acquired Scottsdale, Ariz.-based ePropertyTax Inc. in November 2006. Nearhood had been CEO of the company.

The software provides a Web-based system that corporate tax departments can use to manage property taxes throughout the United States and Canada. In June, Thomson released a version that works with Microsoft .Net user interface technology.

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