Gartner, Inc., an information technology research and advisory company, released the report Critical Capabilities for Integrated Tax System COTS Products, 2010 (ID Number: G00209433). This report serves to aid revenue agencies in understanding the current Integrated Tax System (ITS) COTS products available in the market today. As part of this process, the report compared and contrasted eight different vendors of ITS COTS products.

The Gartner report proceeds to define several “critical capabilities” (p.6) of an ITS COTS product and then “to outline some key use cases that Gartner has discussed with tax agencies around the world and to describe the role of each critical capability in performing those processes” (p.7). Fast Enterprises’ GenTax product received an “excellent” the highest-rating possible in the “Overall Use Case” finding (p.15).

The state Tax Department has been named the 2010 recipient of the Federation of Tax Administrators “Award for Outstanding Management and Organizational Initiative. “The department is receiving the award for its modern, integrated tax system. The Legislature appropriated $22 million for the system in 2006. The department has been rolling it out during the past several years.