ACHIEVE ACCURATE, END-TO-END GLOBAL INDIRECT TAX MANAGEMENT
Governments have added new taxes to balance budgets, and auditors have become more sophisticated in identifying and recovering lost tax revenue. Today's corporate tax department is even more focused on reducing risk and centralizing control. Thomson Reuters responds to these needs with ONESOURCE Indirect Tax.
ONESOURCE Indirect Tax combines the knowledge and technology of three renowned brands: ONESOURCE Sales & Use Tax, Sabrix, and Abacus VAT Compliance. Our solutions provide your corporate tax department with end-to-end global software and services for complete sales and use tax and value added tax (VAT) lifecycle management, including tax determination, research and content, business intelligent reporting, compliance, remittance, and audit support.
A COMPREHENSIVE, GLOBAL SOFTWARE SUITE
Thomson Reuters provides an international solution with the ONESOURCE Indirect Tax global software suite (the combination of the former Sabrix Application Suite and ONESOURCE Sales & Use Tax software). It enables you to achieve a higher level of compliance and improve cash flow by reducing or eliminating penalties, interest and overpayments.
The global software suite includes solutions for tax determination, content, intelligent reporting, integration, and compliance. It's an on-premise solution that integrates in real time with financial applications to enable compliance with domestic and global tax requirements. This consolidated approach plays a critical role in helping you accurately determine, record, and prepare tax returns for filing and payment.
By centralizing and automating these solutions, we provide the tools required to simplify and streamline processes. Whether you're a medium-sized company or a multinational corporation with divisions across the globe, Thomson Reuters can help with ONESOURCE Indirect Tax.
ONESOURCE Indirect Tax offers comprehensive and flexible automation to companies of all sizes including:
- Solutions for sales and use tax, VAT and GST determination, content, reporting, integration, and compliance
- Enterprise software solutions: on-premises or hosted in the Thomson Reuters Data Center
- Managed services for cost-effective outsourcing
- Business license management software and services
- Exemption certificate management services
- Consulting services