22 Aug 2007
Thomson Tax & Accounting Announces Strategic Partnership with Orbitax To Add Its Planning/Analysis Tools to Checkpoint and InSource Product Lines
International Tax Expert powered by Orbitax Eases Complex International Tax Issues
New York, NY
Thomson Tax & Accounting, a business segment of The Thomson Corporation (NYSE: TOC; TSX: TOC), has formed an exclusive partnership with Orbitax to offer a comprehensive solution called International Tax Expert powered by Orbitax for processing complex international tax issues.
“I am delighted to partner with Thomson Tax & Accounting to bring our planning and analysis tools to users of InSource, the market leading solution in tax technology; as well as Checkpoint, the leader in tax research, and am confident that this combination will deliver immediate value to users,” said Gratian Joseph, Co-Founder of Orbitax.
This business relationship will focus on bringing a range of international tax planning and analysis tools, developed by Orbitax, to users. An easy to use online edition, ITE Online is available on Checkpoint, which displays various cross-border income tax rates, calculates payments made between multiple foreign entities, and uses content from the International Bureau of Fiscal Documentation (IBFD) for authoritative expertise on cross-border taxation. A more advanced desktop edition, ITE Enterprise, combines the content features of the online edition, with a highly sophisticated modeling and optimization engine, alongside a host of other features.
“We are excited to enter into this alliance with Orbitax,” said Keith
Haurie, vice president, Product Management, Research & Guidance.
By combining Checkpoint material from leading providers including RIA,
WG&L, BNA, and IBFD with Orbitax’ expertise in developing software
tools for international tax practitioners, Checkpoint users will now have
access to a unique productivity tool that addresses cross border tax
issues.”
“This combination of technology and international tax expertise eases the
complexity of the international tax professional’s daily work, while
automatically optimizing transactions to give corporations the ultimate tax
savings,” said Steve Mendelsohn, SVP of Income Tax for Thomson Tax
& Accounting.
For information on InSource, visit http://InSource.thomson.com or call 1-800-865-5257. For more information on Checkpoint, visit http://ria.thomson.com or call 1-800-950-1216.
The Thomson Corporation
The Thomson Corporation (www.thomson.com) is a global leader in
providing essential electronic workflow solutions to business and
professional customers. With operational headquarters in Stamford,
Conn., Thomson provides value-added information, software tools and
applications to professionals in the fields of law, tax, accounting,
financial services, scientific research and healthcare. The
Corporation’s common shares are listed on the New York and Toronto stock
exchanges (NYSE: TOC; TSX: TOC).
Thomson Tax & Accounting, a business segment of The Thomson Corporation, is a leading provider of technology and integrated information solutions to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Thomson Tax & Accounting includes the Professional Software & Services, Corporate Software & Services, and Research & Guidance businesses. InSource is a brand within Corporate Software & Services. Checkpoint is a brand within Research & Guidance.
About Orbitax
Orbitax (www.orbitax.com) was formed in
September 2006 through the merger of the respective software businesses of
IBFD Publications BV and Global CBS Ltd., both of which started operations
in 2003. It is led by Gratian Joseph, a former International Tax Partner at
KPMG in Silicon Valley, supported by a team of international tax and
information technology professionals. Orbitax’ mission is to deliver to
practitioners tools that combine technology with tax expertise to deliver
optimal solutions, utilizing the deep knowledge of IBFD.
About IBFD
IBFD is a not-for-profit foundation, which focuses exclusively in
international tax research, information and training. Since 1938,
IBFD has served practitioners by providing objective and reliable tax
information in English about all countries of the world. It has an in-house
staff of international tax experts drawn from over 35 countries at its
Amsterdam head office and other locations, and is supported by a network of
correspondents worldwide.
Contacts
Melissa Lande
Lande Communications
Tel: +1 800 993 7600 (toll free in North America)
Email: mlande@landepr.com