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ONESOURCE Determination for Oil & Gas Calculate and record indirect, excise, and environmental taxes with our global tax determination software

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  1. Overview
  2. Features
  3. How it works
  4. Insights
  5. Testimonial

Why choose ONESOURCE Determination for Oil & Gas

Regardless of your corporation’s reach of operations— upstream, midstream, downstream, or all of the above— ONESOURCE Determination for Oil & Gas gives you the power, flexibility, and intelligence you need for even the most complex transactions in the industry. Calculate correct tax for indirect, excise, and environmental taxes in milliseconds, and easily handle millions of transactions daily for your complete global footprint. Effortlessly navigate the ever-changing tax landscape by letting our global tax research team monitor more than 19,000 global tax jurisdictions in over 190 countries and territories. Gain a complete view of your tax liability from a single, unified, easy-to-implement system that’s scalable to meet your company’s evolving needs.

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What you get with our global tax determination software for oil & gas

Fast, accurate calculations

Calculate the correct tax amount for indirect, excise, and environmental tax in milliseconds

Robust automation intelligence

Analyze specific transaction data across all US jurisdictions, including origin & destination, operating licenses, and more

Automatic updates

Feel confident that you’re always using the most up-to-date regulatory information with our cloud-based solution

Scenario planning

Test real-life fact patterns to better understand the tax implications of specific oil and gas products

Powerful integration

Connect to ERP, financial, billing, and e-commerce systems through pre-built and custom integrations.

Global coverage

Access regulatory information for more than 19,000 global tax jurisdictions in over 190 countries and territories.

Watch Determination for Oil & Gas in action

Demo: ONESOURCE Determination for Oil & Gas

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ONESOURCE DETERMINATION

Superfund Excise Tax Compliance

Volumetric-based tax calculations allow businesses to accurately calculate reinstated Superfund Excise Taxes with ease

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Insights to keep you one step ahead

Webinar

Get Oil and Gas Tax Compliance Right with ONESOURCE

Hear from our presenters on how ONESOURCE Determination for Oil & Gas gives you the power, flexibility, and intelligence you need for even the most complex transactions in the industry.

Watch video

Article

200,000 Reasons to Automate Transactional Tax Compliance

Let’s say a corporate tax regime was so complex, circuitous, and onerous that sale and movement of products within the US could generate more than 200,000 possible outcomes. Welcome to the world of transactional tax determination in the mid and downstream oil & gas sector.

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Webinar

Automate Your Motor Fuel Excise Tax

Hear how Thomson Reuters ONESOURCE Determination brings automation intelligence your fuels tax processes to ensure you get tax right the first time, every time.

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ONESOURCE Helps Murphy Oil Corporation Get Tax Right

Hear Kelly Gaul, Tax Manager at Murphy Oil Corporation, talk about the benefits of making real-time tax decisions with ONESOURCE Determination.

Video still of Murphy Oil testimonial
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Ready to start a conversation?

Need more information about how our solutions can work for you? Drop us a line and someone from our sales team will get back to you. Or call a regional representative at

+1 888 885 0206

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