ZyTax Inc.

ZyTax Inc. was created when a ZyQuest customer needed help with a state mandate that oil companies file excise tax reports and compliance documents electronically.

Problem

A state mandate that oil companies file excise tax reports and compliance documents electronically.

Solution

A commercial motor fuel excise tax automation e-filing platform and reporting system for the oil industry.

Technology

Business venture started from an oil tax filing problem


The ZyTax system allows taxpayers to file motor fuel excise taxes electronically to each taxing jurisdiction and generate printed tax forms and tax schedules. 

The application enables on-time, signature-ready motor fuel excise tax filing and audit defense through automation of the end-to-end filing process. It identifies and calculates energy taxes, providing financial control and transparency across product types including petroleum, natural gas and biodiesel. This technology increases fuel revenue collections by easing the filing submission process and auditing for government agencies. 

ZyTax Inc. was sold to FuelQuest, Inc. in 2001.