System and method for executing an incoming transaction in response to a transaction location parameter associated with a plurality of tax treatment values

Abstract

Systems and methods for executing an incoming transaction in response to a transaction location parameter associated with a plurality of tax treatment values are disclosed. An example system may include a smart wrapper to interpret a transaction request from a user, including a transaction amount value and a cryptocurrency type or a transaction location. The transaction location may be a geographic location, or a transaction jurisdiction. A transaction locator circuit may determine a transaction location parameter in response to the transaction request and, a plurality of tax treatment values corresponding to a plurality of transaction locations and select an available one of the plurality of transaction locations having a favorable tax treatment value. The smart wrapper may also direct an execution of the incoming transaction in response to the transaction location parameter.

What is claimed is: 
     
         1 . A transaction-enabling system comprising:
 a controller, comprising:
 a smart wrapper structured to interpret a transaction request value from a user, wherein the transaction request value comprises a transaction description for an incoming transaction, and wherein the transaction description comprises a transaction amount value and at least one of a cryptocurrency type value and a transaction location value; 
 a transaction locator circuit structured to determine a transaction location parameter in response to the transaction request value and further in response to a plurality of tax treatment values corresponding to a plurality of transaction locations, wherein the transaction location parameter comprises at least one of a transaction geographic value or a transaction jurisdiction value; 
 wherein the smart wrapper is further structured to direct an execution of the incoming transaction in response to the transaction location parameter; and 
 wherein the transaction locator circuit is further structured to select an available one of the plurality of transaction locations having a favorable tax treatment value. 
   
     
     
         2 . The system of  claim 1 , wherein the transaction location value comprises at least one location value corresponding to: a location of a purchaser of the transaction; a location of a seller of the transaction; a location of a delivery of a product or service of the transaction; a location of a supplier of a product or service of the transaction; a residence location of one of the purchaser, the seller, or the supplier of the transaction; and a legally available location for the transaction. 
     
     
         3 . The system of  claim 1 , wherein the smart wrapper is further structured to enable transactions having a self-executing cryptocurrency coin that commits a transaction upon recognizing the transaction location parameter. 
     
     
         4 . The system of  claim 1 , wherein the favorable tax treatment value is based at least in part on at least one of tax laws or tax incentives in available jurisdictions according to a type of the incoming transaction. 
     
     
         5 . The system of  claim 1 , wherein the favorable tax treatment value is based at least in part on tax characteristics of a transacting party. 
     
     
         6 . The system of  claim 1 , wherein the incoming transaction comprises a cryptocurrency transaction, the system further comprising an expert system that uses machine learning to optimize the execution of the cryptocurrency transaction based on real time price information. 
     
     
         7 . The system of  claim 6 , wherein the expert system is further configured to determine the favorable tax treatment value based on a forward price in a market. 
     
     
         8 . The system of  claim 1 , wherein the transaction locator circuit is further structured to provide the transaction location parameter in response to determining that the favorable tax treatment value of the incoming transaction meets a threshold tax treatment value. 
     
     
         9 . The system of  claim 6 , wherein the expert system is further configured to use the machine learning to continuously improve the determination of the transaction location parameter relative to a transaction speed for the cryptocurrency transaction. 
     
     
         10 . The system of  claim 6 , wherein the expert system is further configured to use the machine learning to continuously improve the determination of the transaction location parameter relative to a favorability of contractual terms related to the cryptocurrency transaction. 
     
     
         11 . A method, comprising:
 interpreting a transaction request value from a user, wherein the transaction request value comprises a transaction description for an incoming transaction, and wherein the transaction description comprises a transaction amount value and at least one of a cryptocurrency type value and a transaction location value;   determining a transaction location parameter in response to the transaction request value and further in response to a plurality of tax treatment values corresponding to a plurality of transaction locations, wherein the transaction location parameter comprises at least one of a transaction geographic value or a transaction jurisdiction value;   directing an execution of the incoming transaction in response to the location parameter; and   selecting an available one of the plurality of transaction locations having a favorable tax treatment value.   
     
     
         12 . The method of  claim 11 , wherein determining the transaction location parameter comprises selecting the transaction location value from a list of locations consisting of: a location of a purchaser of the transaction; a location of a seller of the transaction; a location of a delivery of a product or service of the transaction; a location of a supplier of a product or service of the transaction; a residence location of one of the purchaser, seller, or supplier of the transaction; and a legally available location for the transaction. 
     
     
         13 . The method of  claim 11 , further comprising executing transactions having a self-executing cryptocurrency coin that commits a transaction upon recognizing the transaction location parameter. 
     
     
         14 . The method of  claim 11 , wherein the favorable tax treatment value is based at least in part on at least one of tax laws or tax incentives in available jurisdictions according to a type of transaction. 
     
     
         15 . The method of  claim 11 , wherein the favorable tax treatment value is based at least in part on tax characteristics of a transacting party. 
     
     
         16 . The method of  claim 11 , wherein the incoming transaction comprises a cryptocurrency transaction, the method further comprising optimizing, using machine learning, the execution of the cryptocurrency transaction based on real time price information. 
     
     
         17 . The method of  claim 16 , further comprising determining the favorable tax treatment value based on a forward price in a market. 
     
     
         18 . The method of  claim 11 , further comprising providing the transaction location parameter in response to determining that the favorable tax treatment value of the incoming transaction meets a threshold tax treatment value. 
     
     
         19 . The method of  claim 16 , further comprising determining the transaction location parameter relative to a transaction speed for the cryptocurrency transaction. 
     
     
         20 . The method of  claim 16 , further comprising determining the transaction location parameter relative to a favorability of contractual terms related to the cryptocurrency transaction.