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Pitney Bowes Software Unveils Top Business Tips for Managing Geolocational Tax Requirements

TROY, N.Y. — (BUSINESS WIRE) — March 15, 2012Pitney Bowes Software, a global leader in customer data, analytics and communications management, today announced a series of tips to help businesses navigate the highly complex geographical component involved in various tax calculations. During an audit, many U.S. businesses discover that inaccurate or outdated geolocational data has led them to take too much or too little tax on customer payments or employee withholdings. For example, if a residential property line or a municipality’s boundary moves in any direction, it could have important tax implications.

With tax season fast approaching, Pitney Bowes Software offers the following Top Tips for dealing with various geolocational tax requirements:

“Proactive management of geolocational tax issues is an excellent best practice that can immediately deliver cash to a business’ bottom line,” said John O’Hara, President, Pitney Bowes Software. “Businesses are often audited and CEOs should have the reassurance that their firm is using the most up-to-date data to determine the outcome.”

For more information on various different geolocational tax boundaries and rates businesses can visit Pitney Bowes Software’s GeoTAX website. Please visit: http://www.pbinsight.com/products/location-intelligence/applications/business-applications/geotax-enterprise-tax-management/

About Pitney Bowes Software

Pitney Bowes Software provides multichannel solutions that leverage data to create relevant dialogue between organizations and their customers. These solutions enable lifetime customer relationships by integrating data management, location intelligence, sophisticated predictive analytics, rules-based decision making and cross-channel customer interaction management to increase the value of every customer communication while also delivering operational efficiencies.

Pitney Bowes Software is a wholly-owned subsidiary of Pitney Bowes Inc. (NYSE: PBI), a customer communications management technology leader. For more information, please visit http://www.pbinsight.com/products/location-intelligence/applications/business-applications/geotax-enterprise-tax-management/ and www.pb.com.



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