GEM.AI™ upstream sale & use tax matrix is a highly granular. Granularity reduces products and service mapping errors. Designed specifically for the upstream segment of the oil & gas industry.
GEM AI™ is built on AWS AI services for better accuracy and less risk.
GEM.AI™ automates product and services determination with NLP and models that are specific for each state’s oil and gas sales and use tax statutes, regulations, administrative rulings and judicial decisions.
GEM.AI™ example of state specific NLP models:
Drilling phase states: Wyoming, Kansas, Arkansas
Colorado Enterprise Zone Exemption
New Mexico Gross Receipts: deductible and non-deductible
Oil soluble versus water soluble drilling and production fluids