Distributed Asset Functionality

PTMS offers features and functionality specifically designed to accommodate the special property tax compliance needs of centrally assessed and distributed asset taxpayers (oil & gas, telecommunication, cable, utility companies, etc.).

Instant Data Access, Manipulation, and Distribution

PTMS automatically distributes assets that cross the boundaries of tax jurisdictions (pipelines, cable, transmission lines, etc.) to the appropriate tax jurisdiction. Advanced sorting and filtering features give you instant access to your data. Distributed property can be viewed by route or by tax jurisdiction. PTMS keeps a year-by-year tax history of all property.

Financial Form Data

Data that is commonly used on multiple forms (balance sheets, stock information, etc.) is entered once and will automatically populate applicable state property tax returns. These templates follow regulatory accounting format (FERC, FCC, etc.).

Tax Returns Produced to Meet Your Industry's Needs

PTMS generates both locally and centrally assessed forms which may be edited on-screen and saved in Adobe Acrobat^® format (.pdf) for future reference.