Tax & Accounting Blog

ONESOURCE Transfer Pricing Broadens its Intangible Database Offerings!

Global Tax Compliance, ONESOURCE, Transfer Pricing August 9, 2011

Transactions involving intellectual property have been playing an increasingly significant role in international taxation issues for both tax administrators and taxpayers. Recognizing the need for premium intangible property data, ONESOURCE Transfer Pricing has teamed up with ktMINE, to provide customers easy access to ktMINE’s Royalty Rate Finder database.

ktMINE is an intangible property data and information services firm, offering direct access to c10,000 intellectual property licensing agreements and c35,000 global royalty rates. The seamless access to ktMINE’s database enhances the award winning ONESOURCE Transfer Pricing solution which already provides access to a wide range of global, public and private comparables databases.

“Our aim is to make ONESOURCE Transfer Pricing the most comprehensive solution available so that our customers can undertake more complex transfer pricing activities and leverage greater control in compliance and risk management. This new agreement with ktMINE will increase productivity by providing fast and immediate access to the data that is relevant,” said Joe Harpaz, senior vice president and general manager of the Corporate Market for the Tax & Accounting business of Thomson Reuters.

ONESOURCE Transfer Pricing and ktMINE are utilizing their new strategic relationship to the fullest, combining their internal expertise around transfer pricing and hosting beneficial events such as webcasts, speaking sessions, and more.  One event in particular that we are excited about is our upcoming 2011 ONESOURCE User Conference, in Miami Beach, Florida, where Jeff Cozzo will be guest speaking.