Editoria e Media
Thomson Reuters Unveils the Industry's First End-to-End Transfer Pricing Solution
ONESOURCE s olution to help global companies comply with tightening transfer pricing regulations
New York, July 18, 2012 - Thomson Reuters today announced the latest version of ONESOURCE Transfer Pricing, the first comprehensive software and content suite to address the entire transfer pricing workflow within a corporation.
ONESOURCE Transfer Pricing helps global organizations automate and control data collection, policy creation and documentation, and ongoing financial monitoring to ensure compliance. This is particularly important in light of recent moves by governments globally to tighten transfer pricing regulations and strengthen enforcement to generate billions of dollars in incremental revenues each year.
New and updated components that are instrumental to this end-to-end solution are:
"While companies may have sound transfer pricing documentation in place, research shows that few have all the necessary components to ensure compliance with confidence," said Joe Harpaz, managing director of the corporate division within the Tax & Accounting business of Thomson Reuters. "And with global enforcement on the rise, there is a critical need for an end-to-end transfer pricing solution. We are excited to provide a solution consisting of both software and content that can help multi-national companies achieve compliance with confidence from start to finish."
In recent Thomson Reuters' polls of 70 tax executives and controllers, nearly half do not have a standard process in place for transfer pricing planning, pricing and documentation. The ONESOURCE Transfer Pricing solution helps global companies:
Availability
Additional information can be obtained by visiting http://onesource.thomsonreuters.com/solutions/transfer-pricing/transfer-pricing .
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to www.thomsonreuters.com .
CONTACT
Aimee Quemuel
(415) 753-9005
mailto: aimee@codeycommunications.com
Copyright Thomson Reuters
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: %s via Thomson Reuters ONE