NEW YORK -
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its Tax & Accounting business has completed the acquisition of the Abacus Enterprise suite of products and related business operations from Deloitte LLP, a leading professional services firm.
The Abacus suite of products helps corporations and their advisors plan, comply, and remit income taxes and value added taxes (VAT), and, in addition to Abacus products, includes Workflow, Identity and P11D products. The business will continue to be based in London.
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, healthcare and science 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 and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto Stock Exchange and New York Stock Exchange. 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 Research & Guidance, Professional Software & Services, and Corporate Software & Services business groups.
Source: Thomson Reuters
Joe Christinat, Tax & Accounting, +1-212-807-2198, joe.christinat at thomsonreuters.com, or Victoria Brough, EMEA, +44(0)207-542-8763, victoria.brough at thomsonreuters.com, both of Thomson Reuters
Related Press Releases
Thomson Reuters Global Tax Reporting Software Eases International Financial Standards AdoptionSeptember 20th, 2009 LONDON and NEW YORK -
- ONESOURCE TaxStream Provision version 6.0 improves management of complex global tax accounting and reporting under U.S. GAAP and IFRS
Companies that are expanding operations globally or adopting International Financial Reporting Standards (IFRS) are requiring more sophisticated tax data management and reporting tools.
Thomson Reuters to Acquire Abacus Software Business from Deloitte LLPSeptember 13th, 2009 NEW YORK -
- Market Leading Tax Compliance Software Expands Tax & Accounting's Compliance Offerings in the U.K. Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that its Tax & Accounting business has signed a definitive agreement to acquire the Abacus Enterprise suite of products and related business operations from Deloitte LLP, a leading professional services firm.
Thomson Reuters Positioned in the Leaders Quadrant of the Magic Quadrant for Enterprise GRC PlatformsAugust 23rd, 2009 NEW YORK -
- Evaluation Based on Completeness of Vision and Ability to Execute
Thomson Reuters, a leading provider of governance, risk and compliance solutions, today announced it has been positioned by Gartner, Inc. in the Leader's Quadrant of the Enterprise Governance, Risk and Compliance Platforms Magic Quadrant.(i)
The Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms "presents a global view of Gartner's assessment of the main software vendors that should be considered by organizations seeking a technology solution to support the oversight and operation of enterprisewide risk management and compliance programs." According to the report, "The market for EGRC platforms is shifting from a focus on regulatory compliance to a focus on enterprise risk management.
Accovion Selects Liquent Insight PublisherJune 16th, 2009 PHILADELPHIA and LONDON - Contract Research Organization Chooses Thomson Reuters Software Solution
The Healthcare & Science business of Thomson Reuters today announced Accovion has purchased Liquent InSight(R) Publisher - a software solution used to quickly and easily create, review, amend and submit regulatory dossiers. Accovion is a full-service contract research organization (CRO).
King Fahd University For Petroleum & Minerals is First in Gulf Region to Purchase Web of Science(R) BackfilesJune 14th, 2009 PHILADELPHIA and LONDON - The Healthcare & Science business of Thomson Reuters today announced that King Fahd University For Petroleum & Minerals (KFUPM), has purchased Web of Science data back to 1900. KFUPM is the first university in the Saudi Arabia Consortia, and in the Gulf region, to purchase more than a century of vital data.
Thomson Reuters Delivers Liquent Insight Regulatory Software to Linde HealthcareJune 14th, 2009 PHILADELPHIA and LONDON - Global Gases and Engineering Company Turns to Thomson Reuters for Comprehensive Regulatory Solution
The Healthcare & Science business of Thomson Reuters today announced Linde Healthcare has purchased Liquent Regulatory Software -- a solution specifically designed to meet the regulatory needs of life sciences organizations. Linde Healthcare is a global business unit of The Linde Group, a world-leading gases and engineering company.
Thomson Reuters Partners With Egyptian Universities Libraries to Provide Research SolutionsMarch 24th, 2009 PHILADELPHIA and LONDON - The Healthcare and Science business of Thomson Reuters today announced
that Egyptian Universities Libraries (EUL) has selected Thomson Reuters to
provide research solutions to their consortium of university libraries. EUL
signed a multi-year contract with Thomson Reuters to provide Egypt's
researcher's access to ISI Web of Knowledge(SM).
Thomson Reuters Launches IDRAC(R) NotesMarch 22nd, 2009 PHILADELPHIA and LONDON - New Commenting Feature Facilitates Increased Collaboration With
Colleagues
The Healthcare and Science business of Thomson Reuters has launched
IDRAC(R) Notes, an add-on commenting feature to IDRAC. This will allow
colleagues within the same organization to create, update and share comments
attached to IDRAC PDF documents.
Thomson Reuters Names 'Hottest' Researchers and Papers of 2007-2008March 16th, 2009 PHILADELPHIA and LONDON - The Healthcare and Science business of Thomson Reuters today announced
the results of its annual roundup of the "hottest" researchers and research
papers. In its March/April issue of Science Watch, Thomson Reuters identified
the top 13 authors who fielded the highest numbers of Hot Papers in 2007-2008
as well as the most-cited research papers of 2008.
Thomson Reuters Publishes Pharma Matters White Paper, 'The Five Myths of Generic Competition'March 10th, 2009 PHILADELPHIA and LONDON - Unique Survey Shows Much Room for Originator Pharmaceutical Companies
to Improve Their Understanding of Generic Competition
The Healthcare and Science business of Thomson Reuters today released the
white paper, "The Five Myths of Generic Competition," highlighting what
originator pharmaceutical and biotech companies can do to improve their
forecasting of the likely timing, source and intensity of competition from
generic drugs. The findings in this white paper are based on an independent survey of
commercial professionals in pharmaceutical and biotech companies.
Related News
Thomson Reuters 2Q profit up 52 percent as Reuters acquisition boosts revenueAugust 6th, 2009 Thomson Reuters 2Q profit up 52 percentNEW YORK — Thomson Reuters Corp. says second-quarter profit more than doubled from a year ago, helped by its 2008 acquisition of the Reuters news service.
Thomson Reuters reports higher 1Q earnings and sales on Reuters acquisitionMay 8th, 2009 Thomson Reuters reports higher 1Q earningsNEW YORK — Thomson Reuters Corp. says its first-quarter profit climbed 18 percent on growing revenue, mainly from the company's acquisition of Reuters last year.
Thomson Reuters reports higher 1Q earnings on Reuters acquisitionMay 9th, 2009 Thomson Reuters 1Q earns up on Reuters acquisitionNEW YORK — Thomson Reuters Corp. said Thursday its first-quarter profit climbed 18 percent, mainly from the company's acquisition of Reuters last year.
Thomson Reuters 2Q profit doubles as Reuters acquisition boosts revenueAugust 6th, 2009 Thomson Reuters 2Q profit upNEW YORK — Thomson Reuters Corp. said Thursday its second-quarter profit more than doubled from a year ago, helped by its 2008 acquisition of the Reuters news service.
Thomson Reuters 2Q profit doubles on Reuters acquisition, customer stabilization seenAugust 6th, 2009 Thomson Reuters 2Q profit up, stabilization seenNEW YORK — Thomson Reuters Corp. said Thursday its second-quarter profit more than doubled from a year ago, helped by its 2008 acquisition of the Reuters news service.
TD Ameritrade completes $606 million acquisition of thinkorswim GroupJune 12th, 2009 TD Ameritrade completes thinkorswim acquisitionOMAHA, Neb. — Online brokerage TD Ameritrade Holding Corp.
Thomson Reuters gets UK court approval for shares removal from London Stock ExchangeAugust 25th, 2009 UK court approves Thomson Reuters London delistingNEW YORK — Thomson Reuters Corp. said Tuesday that a UK court removed the last hurdle to pulling its shares from the London Stock Exchange and the Nasdaq.
Deloitte names Avinash Gupta as national leader for its financial advisory practiceApril 8th, 2009 NEW DELHI - Deloitte today announced the appointment of Avinash Gupta as the national leader for its financial advisory practice. Deloitte's Financial Advisory practice comprises Corporate Finance, Forensic and Dispute Services, Transaction Services, Reorganization Services and Valuation Services.
Moog completes $90 million purchase of GE Aviation product lineSeptember 30th, 2009 Moog completes purchase of GE Aviation productEAST AURORA, N.Y. — Aircraft systems maker Moog Inc.
GHL Acquisition announces CEO leaving to comply with Nasdaq listing requirementsSeptember 21st, 2009 GHL Acquisition announces CEO leavingNEW YORK — GHL Acquisition Corp. said Monday that its chief executive resigned so the company could comply with requirements for having its shares listed on the Nasdaq Stock Market.