- Tax & Accounting
Tax & Accounting
ONESOURCE The answer to all your tax compliance needs
Thomson Reuters provides comprehensive tax solutions covering entire gamut of direct tax, indirect tax, transfer pricing, and workflow to make your work easier, faster and more profitable.
The tax and accounting business of Thomson Reuters is a leading provider of technology and integrated information solutions to accounting, tax, and corporate finance professionals. We are dedicated to partnering with tax and accounting professionals to make you and your organization as profitable, productive and efficient as possible by:
- streamlining compliance requirements
- improving productivity
- aiding professional development
- providing increased expertise to your business, your organization and/or your clients
Key global offerings
Global Indirect Tax Determination
With tax content for more than 175 countries, ONESOURCE Indirect Tax helps automate and simplify the indirect tax management process no matter where your company conducts business. Features include automatic tax content update, ERP integration, and improvements in overall efficiency.
Global Indirect Tax Compliance
Simplify indirect tax compliance with a single filing platform and automated tax returns for more than 50 countries, covering the major global regions. Navigate local tax rules, languages, and country-specific requirements, report exceptions, and integrate globally with tax authority websites.
India Indirect Tax Determination and Compliance
Thomson Reuters is committed to extend its global indirect tax solutions to meet India GST requirements. Presently, the global tax solution provides out-of-box indirect tax content for all Indian states. Thomson Reuters aims to automate India GST returns, providing signature-ready return.
ONESOURCE WorkFlow Manager automates the entire compliance process for HR, finance, tax, legal and more, ensuring all statutory and internal compliance processes can be defined and tracked, minimizing penalty and non-compliance. Features include task and document management, due date tracking, data management.
Transfer pricing - manage BEPS
Vast changes to transfer pricing documentation have arrived. Are you prepared? ONESOURCE can help your organization navigate a new era of transfer pricing documentation. A proactive response to country-by-country reporting, master file, and local file requirements will enable you to minimize risk and maintain your reputation.
Transfer pricing - documentation
ONESOURCE Transfer Pricing helps automate data collection from various global systems, and compile foreign transaction information and supporting documents in a centralized location. Features include a documenter, comparable databases, benchmarking and transfer pricing services.
Transfer pricing - workflow
Automate your transfer pricing process with flexible workflows, notifications, due date tracking, electronic signoffs and status tracking. Manage, store, and retrieve key documents to support your transfer pricing policy with ease. Achieve consistent and enforced processes.
Global Trade Management
ONESOURCE Global Trade is a comprehensive enterprise solution for global trade management that organizes trade compliance information in the form of content updates and provides trade facilitation. With features and capabilities that enhance the efficiency of managing global trade process, localized application for global trade in India and updated content integration, ours is the first truly global solution of this kind.
Key offerings for the India Region
TDS Management (TdsPac)
TdsPac Enterprise manages the entire tax process by calculating correct TDS, preparing challans to certificate generation, and creating quarterly eTDS statements. TdsPac helps keep pace with ever-changing TDS requirements while seamlessly integrating with accounting and ERP systems.