| CCH/Thomson Tax Battle Going International |
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| Written by The Progressive Accountant | |||
| Thursday, 29 April 2010 00:27 | |||
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Thomson plans the launch of the OneSource Global Tax Workstation this year and also reorganized its Tax & Accounting business as part of its international expense. In 2009, it acquired Abacus, which sells corporate income tax products in several countries and VAT software in 19 countries, and Sabrix, which marketed sales and use tax applications. These will provided at least part of the workstation's functionality. Among the E&Y products, Tax Integrator was designed for corporate tax compliance in Australia and New Zealand while Global Integrator is used in the tax compliance workflow products in several countries.The terms of the acquisition were not disclosed. All employees in the E&Y Tax Compliance Software organization would be offered jobs with WK. | |||
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About the Author: Brett Owens is CEO and Co-Founder of Chrometa, a Sacramento, Calif.-based provider of software that records activity in real time. Previously marketed to the legal community, Chrometa is branching out to accounting prospects; gains include the ability to discover previously undocumented billable time, save time on billing reconciliation and improve personal productivity. Brett is also blogger and founder at CommodityBullMarket.com and ContraryInvesting.com, as well as a regular contributor to two leading financial media sites, SeekingAlpha.com and BeforeItsNews.com. |