Patent ID: 8433651

Claim:
A method comprising: sending, using a mobile communication device or an access device, transaction information including a transaction amount, a transaction time and a location information associated with a transaction conducted between a merchant and a consumer at the access device, to a server computer, wherein the server computer is configured to perform steps of: determining, by the server computer, a location of the mobile communication device operated by the consumer, determining, by the server computer, a tax jurisdiction based on the location of the mobile communication device, determining, by the server computer, a set of tax rules that apply to the determined tax jurisdiction associated with the transaction, determining, by the server computer, a tax amount based on the transaction amount and the determined set of tax rules, determining, by the server computer, a total transaction amount based on the tax amount and the transaction amount, and converting, by the server computer, the total transaction amount to a currency based on a conversion rate, wherein the conversion rate is based on the location of the mobile communication device, a location related to an account of the consumer and the time of the transaction; receiving, by the mobile communication device or the access device, the converted total transaction amount and the tax amount; and displaying, by the mobile communication device or the access device, the received total transaction amount and the tax amount on a display.