Press Releases
Thomson Reuters Partners with Bureau van Dijk
Providing Access to Databases for Transfer Pricing Documentation
The Tax & Accounting business of Thomson Reuters has announced a new and expanded strategic partnership with Bureau van Dijk Electronic Publishing (BvDEP) to provide transfer pricing professionals worldwide more choices for comparables data through its ONESOURCE Transfer Pricing Compliance Edition software solution.
“We are excited to offer clients expanded access to BvDEP’s databases, in addition to existing databases from Thomson Reuters and other leading providers, as part of our comprehensive ONESOURCE Transfer Pricing solution,” said Kenneth Crutchfield, vice president and general manager of ONESOURCE Transfer Pricing at Thomson Reuters. “Our expanded relationship provides our clients access to the market leading OSIRIS, AMADEUS and ORIANA databases. This accessibility will help our clients more effectively comply with worldwide taxing authorities’ requirement to document intercompany business transactions.”
Under the new agreement, Thomson Reuters will incorporate the Medium, Large and Very Large version of BvDEP’s AMADEUS database into its ONESOURCE Transfer Pricing solution. This version was formerly known as the 1.5 million company version of AMADEUS. Additionally, BvDEP’s ORIANA database of Asia-Pacific companies and OSIRIS, BvDEP’s listed global company database, will be incorporated into its ONESOURCE Transfer Pricing solutions. Additionally, transfer pricing consultants within Thomson Reuters now have access to BvDEP’s suite of databases to support the ONESOURCE Transfer Pricing services solution.
“We are pleased to enter into this partnership with Thomson Reuters,” said Angus Davidson, regional managing director at Bureau van Dijk Electronic Publishing. “Not only do our two companies share commonality as leaders in the global information industry, but we also share a passion for providing the latest, most accurate data and solutions to our mutual Transfer Pricing customers.”
BvDEP is one of the world’s leading electronic publishers of business and company information. Its data spans both private and public companies providing analytical databases for in-depth research of individual companies as well as detailed analysis of company peer groups and benchmarking. “Our extensive, relevant data combined with our innovative database tools bring value to clients by making information easily accessible and quickly attainable,” added Davidson
Transfer pricing software from Thomson Reuters helps companies analyze the arm’s-length nature of tangible, intangible, and service transactions. It also provides economic support and access to leading comparable company databases. “We now offer additional value to our clients through BvDEP’s comparables databases, as an integral part of our robust transfer pricing software and services solutions,” added Crutchfield.
For more information on ONESOURCE Transfer Pricing (formerly CrossBorder Solutions) from Thomson Reuters, visit http://www.onesource.thomsonreuters.com/incometax/transferpricing or call 212-404-8600. For more information on Bureau van Dijk Electronic Publishing, visit www.bvdep.com.
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, legal, tax and accounting, scientific, healthcare 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 more than 50,000 people in 93 countries. For more information, go to www.thomsonreuters.com.
The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Tax & Accounting includes the Corporate Software & Services, Professional Software & Services, and Research & Guidance business groups.
About BvDEP
Bureau van Dijk Electronic Publishing (BvDEP) is one of the world’s leading publishers of electronic business and company information. The company has 30 offices worldwide. BvDEP is best known for its range of international company information products that combines multiple high-quality data sources with flexible software to allow users to manipulate data for research, marketing intelligence and analysis. Products include FAME, ORBIS, AMADEUS, BANKSCOPE, ISIS and OSIRIS. BvDEP also publishes the global M&A database, ZEPHYR and the MINT range of products which is designed specifically for end-users. For more information, go to www.bvdep.com.
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