LumaTax
AI-powered sales and use tax automation for businesses and accountants in the US and Canada.
Executive Summary
LumaTax, now operating under Taxually, delivers an AI-powered sales and use tax automation platform designed for businesses and accounting professionals. The solution streamlines the entire tax compliance process, from accurate calculation of sales and use taxes to efficient filing and robust audit readiness across both the United States and Canada. By integrating with existing business systems, LumaTax simplifies complex tax regulations, ensuring timely and precise compliance for diverse operational needs. It aims to reduce manual effort, minimize errors, and provide peace of mind for companies navigating the complexities of sales and use tax compliance.
Use Cases
- Automating sales and use tax calculations for e-commerce transactions and traditional sales.
- Streamlining the preparation and submission of sales tax returns across US and Canadian jurisdictions.
- Ensuring businesses maintain audit readiness through comprehensive record-keeping and compliance checks.
- Integrating tax compliance workflows directly into existing accounting, ERP, or e-commerce platforms.
- Managing nexus obligations and taxability rules for businesses operating in multiple states or provinces.
Features
Intelligence
- AI-Powered Tax Calculations: Automatically determines correct sales and use tax rates based on AI analysis of transaction data and jurisdiction rules.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
Integrations
- Amazon
- Stripe
- Shopify
Pricing
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market,Enterprise
About LumaTax
LumaTax is an intuitive sales tax software and automation platform that simplifies the complexities of Sales and Use Tax for indirect tax professionals and accounting firms. It offers highly automated solutions for US & Canada filings, integrating calculation, filing, and compliance.