TRANSACTION TAX COLLECTION SYSTEM AND METHOD

摘要

The present invention overcomes the limitations of the Puerto Rico's sale and use tax collection rate by providing a system and method including a mechanism to incent taxpayers comprising three major components: Merchants (Data Capture devices) Processors/Acquirers and the Aggregator. The Data Capture component gathers all of the SUT amounts included in the sales transactions processed by Merchants. The system and method, as mentioned, also provides a mechanism to incent taxpayers, wherein the incentive comprises a lottery. The lottery is a contest in which particular indicia are distributed or sold, wherein the winning particular indicia is secretly predetermined or ultimately selected in a random drawing.