Under the present system, governments face many difficulties in accounting for sales tax dollars because tax authorities are not equipped to effectively interact with businesses. As a result, tax authorities:

• Have outdated databases of existing businesses.
• Have difficulty in determining whether a business has submitted correct sales tax returns.
• Have difficulty exposing the “underground economy”.
• Have to deal with an incredible amount of paperwork.
• Are overworked and understaffed making it virtually impossible to keep up with all business accounts.

For the first time, government tax authorities and businesses will have a platform on which to exchange tax information. ATRACS patented tax collection system will allow tax authorities to communicate with businesses quickly and efficiently. Then new system is simple and it benefits the business and the consumer, as well as the respective tax authority. As a result tax authorities:

• Will have an updated database of all existing businesses.
• Will have accurate sales tax returns from all businesses.
• Businesses that are not registered with the state will be identified.
• The amount of paperwork involved in sales tax reporting will be substantially reduced.
• Will have indisputable sales tax due reports which will allow agents to concentrate on other issues.