Tax & Accounting Blog

Managing tariff series: Minimising the impact of tariffs with ONESOURCE Free Trade Agreements

Managing tariff series: Minimising the impact of tariffs with ONESOURCE Free Trade Agreements

This blog is the first in a series of four examining product solutions that can help specialists and strategists master tariff compliance President Donald Trump’s sporadic levying of tariffs is creating huge uncertainty for companies that do business in or with the United States. The inability to know how things will progress makes it extremely […] … Read More

Keep pace with digital tax compliance for big data and fast reporting

Keep pace with digital tax compliance for big data and fast reporting

Save time and resources in the ever-changing world of indirect tax reporting For large companies operating in a digitalised global economy, indirect tax compliance has evolved from an arduous manual task to a largely hands-off process performed by sophisticated tax technologies that execute most tax functions—data gathering, computation, reconciliation, invoicing, reporting, filing, etc.—automatically and in […] … Read More

Thomson Reuters ONESOURCE: A tax technology solution for the modern IT professional

Thomson Reuters ONESOURCE: A tax technology solution for the modern IT professional

In today’s digitally-driven world, businesses across all sectors undergo significant technological transformations. These changes, often involving transitions to cloud-based systems, are reshaping how core business functions operate, including taxation.  For example, reduced IT maintenance can save businesses an average of $297k.  IT professionals are essential to driving successful digital transformation across the indirect tax department. […] … Read More

Why Thomson Reuters is the best choice for corporate tax professionals

Why Thomson Reuters is the best choice for corporate tax professionals

In today’s rapidly evolving business landscape, companies of all sizes are upgrading their technological infrastructure to improve productivity and remain competitive. These “digital transformations” typically involve transitioning to a cloud-based business system, and they are important to corporate tax leaders because the tax function touches virtually every aspect of a modern organisation. Consequently, tax leaders […] … Read More

How ESG-embedded statutory reporting solutions can protect your business

How ESG-embedded statutory reporting solutions can protect your business

With over 150 years of trusted content knowledge and expertise in global trade, compliance, and regulatory requirements, Thomson Reuters understands that maintaining an impeccable corporate governance record in today’s complex environment is extremely challenging, and mistakes can be very costly. The rapid increase in accessible data across disparate and unconnected systems makes keeping track of […] … Read More

The cost of statutory reporting errors and the need for ESG integration

The cost of statutory reporting errors and the need for ESG integration

In the high-stakes world of business, accurate statutory reporting is crucial to avoid potential financial and reputational consequences. Surprisingly, statutory reporting processes are often overlooked or neglected in organisational improvement initiatives, even though they are recognised as a critical business need. As regulatory scrutiny tightens, even minor mistakes can lead to costly pitfalls. The extensive […] … Read More