Thomson Reuters Tax & Accounting Solutions logo

Thomson Reuters Tax & Accounting Solutions

by Thomson Reuters · Since 1851
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ActiveAvailable globallyCloudOn-premise
Quick facts
VendorThomson Reuters
Year launched1851
StatusActive
Location19 Duncan Street Ontario M5H 3H1 Canada
Countries servedGlobal
Languages6
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Thomson Reuters Tax & Accounting Solutions

A suite of tax, audit, and accounting software providing automated compliance, research, and reporting tools for corporate tax departments, accounting firms, and government agencies.

Thomson Reuters Tax & Accounting Solutions is a comprehensive portfolio of professional-grade software designed to streamline tax compliance, audit workflows, and financial reporting. The platform serves a wide range of users, from small accounting firms to large multinational corporations and government entities. Key capabilities include automated tax determination, global trade compliance, income tax filing, and AI-powered research tools like CoCounsel. The software is built to handle high-volume transactions and multi-jurisdictional regulatory requirements, helping professionals mitigate risk and improve operational efficiency. While the platform offers robust, enterprise-ready features, buyers should note that pricing is generally customized based on organizational needs, requiring contact with sales for specific plan details.

Pros & Cons

Pros
  • Offers a comprehensive suite of tools covering the entire tax and accounting lifecycle.
  • Provides high-accuracy automated tax determination for global indirect taxes.
  • Supports complex multi-jurisdictional compliance requirements for large enterprises.
  • Maintains a strong reputation for trusted, verified content and research data.
Cons
  • Customer support and pricing flexibility receive mixed reviews.
  • The platform has a steep learning curve due to the breadth of its professional-grade features.
  • Integration with non-Thomson Reuters systems may require significant configuration.
  • Migration and onboarding can be time-consuming.

Features

Key features

Automated Tax Determination

Provides certified, automated software for global indirect taxes to ensure accuracy across all systems.

Corporate Tax Compliance

Streamlines the filing of accurate corporate tax returns for federal, state, and international jurisdictions.

AI-Powered Research

Integrates professional-grade AI to centralize trusted sources and firm data for faster tax research and client deliverables.

Global Trade Management

Automates export compliance, screening, and clearance workflows to maximize duty savings and improve cash flow.

Audit Automation

Standardizes audit workflows with AI-powered tools that deliver verifiable, citation-backed insights.

Additional features

Indirect Tax Compliance

Centralizes VAT, GST, and sales tax compliance across all jurisdictions.

E-invoicing Automation

Streamlines global e-invoicing compliance by centralizing tax data and automating reporting.

Tax Provisioning

Expedites financial close with automated software that calculates tax estimates and streamlines reporting.

Denied Party Screening

Minimizes sanctions risk with automated screening across more than 750 global lists.

Free Trade Agreement Management

Reduces duties and simplifies qualifications with automated tools.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
6
Interface languages
27
Billing currencies

Interface languages

TaxValues in category Public Works by Thomson Reuters is available in EnglishSpanishFrenchGermanItalianPortuguese.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇷🇺RUB🇧🇷BRL🇲🇽MXN🇸🇬SGD🇭🇰HKD🇸🇪SEK🇳🇴NOK🇩🇰DKK🇿🇦ZAR🇦🇪AED🇸🇦SAR🇰🇷KRW🇹🇼TWD🇳🇿NZD🇵🇱PLN🇹🇷TRY🇹🇭THB🇺🇸USD

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