TMCnet News

BillSoft Reports Setting EZTax Transaction Record
[August 18, 2011]

BillSoft Reports Setting EZTax Transaction Record


Aug 19, 2011 (Close-Up Media via COMTEX) -- BillSoft announced that it processed 2.36 billion tax transactions using its EZTax licensed product.

BillSoft said its EZTax calculates hundreds of taxes for more than 70,000 tax jurisdictions and handles tax rates for more than 85 countries. The company also announced that, in the year spanning August 2010 to July 2011, BillSoft gained 86 new contracts.



BillSoft reported an annualized growth of 18 percent and a net profit of 9 percent for its fiscal year that ended March 31.

BillSoft provides solutions to challenging tax issues and by providing support to clients in telecom and a variety of other industries.


((Comments on this story may be sent to [email protected]))

[ Back To TMCnet.com's Homepage ]