ALEXANDRIA, Va., June 5 -- United States Patent no. 12,277,540, issued on April 15, was assigned to VERTEX INC. (King Of Prussia, Pa.).
"Artificial intelligence model for taxability category mapping" was invented by David Deputy (Wayne, Pa.) and P. S. Aravind (Kennett Square, Pa.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A computer system for mapping products to taxability categories includes one or more processors configured to execute, in a run-time inference phase, an artificial intelligence model, a taxability category mapping engine, and a taxability category driver record association engine. The artificial intelligence model is configured to receive product text including a product name and produc...