Former Utah Lt. Governor and Tax Commissioner to bring new system to market for sales tax resolution
Online tax software developer Taxometry has named former Utah State Tax Commission Chairman R. Bruce Johnson Senior Vice President of Tax Policy at the firm. Johnson will officially assume his new post this month.
Taxometry, based in South Jordan, is a software company that has developed an online sales tax system allowing businesses to easily collect online sales taxes at the point of sale and remit them to state tax authorities. Prior to 2013, retailers were operating under the assumption that if they did not have a physical presence in the state the online purchase was made, the retailer was under no obligation to collect sales taxes. That assumption was challenged in December of 2013, when the U.S. Supreme Court declined to hear Amazon/Overstock v. State of New York. In that case, Amazon argued that requiring retailers to collect Internet sales tax was unconstitutional. New York, however, argued that some types of marketing relationships were sufficient to provide "physical presence". Since then, states have been actively passing legislation requiring merchants to collect online sales tax if they have marketing relationships or affiliations with in-state companies.
Taxometry provides a simple, effective solution for automating online sales tax collection. The company has hired R. Bruce Johnson to ensure that its software solutions serve and comply with state tax laws, federal regulations and businesses' requirements.
R. Bruce Johnson joins Taxometry following his term as Chairman of the Utah State Tax Commission. Prior to being named Chairman in 2009, Johnson served for 11 years as one of four commissioners of the body. The Tax Commission is given the constitutional duty to administer and supervise all of the tax laws of the state, including property tax, income tax, franchise tax, sales tax and all miscellaneous taxes.
Johnson is a past president of the Federation of Tax Administrators and a past chair of the Multistate Tax Commission, where he served on its Executive Committee. He was the founding national Co-chair of the Streamlined Sales Tax Implementing States and has served on the Executive Committee of the Governing Board. He was a member of former Governor Olene Walker's Tax Advisory Group and was the principal draftsman of Governor Walker's Recommendations on a Tax Structure for Utah's Future. He was also a member of the Utah Tax Review Commission, a former Board Member of the National Tax Association and past chair of the American Bar Association Tax Section Committee on State and Local Taxes.
"The growth of online retail and its implications for tax collection represent a major evolution of tax policy in this area," said Taxometry Chief Executive Officer John Gibson. "We are thrilled to have a tax policy specialist with the level of knowledge and high-caliber expertise that Bruce Johnson brings."
Prior to his appointment, Johnson was a partner in the law firm of Holme Roberts & Owen LLP, where he litigated state and local tax disputes and advised clients on state and local tax issues, tax exemption issues and issues relating to tax exempt municipal financing. Before joining Holme Roberts, he was a trial attorney for the Tax Division of the U. S. Department of Justice and received the Outstanding Trial Attorney Award from the Department of Justice. Johnson graduated from the University of Utah with a degree in accounting, cum laude, and is a Certified Public Accountant. He received his law degree, magna cum laude, from Brigham Young University, where he was a J. Reuben Clark Scholar.
Founded in 2013, Taxometry has developed a state-of-the-art software system that calculates and deducts sales tax automatically for online purchases, and remits the tax to the appropriate state on behalf of retailers. Taxometry's software-based solution integrates into a retailer's shopping cart, payment portal or point-of-sale system. It is designed to navigate the complexities of multi-jurisdictional sales tax compliance issues, including calculation, remittance, reporting, data storage, audit relief and liability mitigation.
Taxometry is certified by Streamlined making it part of an elite group of companies contracted to provide this sales tax compliance solution in 24 states. Taxometry offers retailers ease and peace of mind knowing they are immune from audit liability for the sales processed online. Merchants will also benefit from Taxometry through the elimination of late fees and fines, and a reduction in accounting costs and clerical overhead.