Adapting your business to evolving tax regulations
Plan today, thrive tomorrow
Thomson Reuters delivers the intelligence, technology, and human expertise you need to find trusted answers to your company's tax reform questions, so you can manage through uncertainty with confidence.
With the most complete tax reform capability on the market, you'll find everything your corporate tax department needs to get fast, accurate answers and insights. Integrate your existing tools with our powerful solutions to research, model, plan, and automate calculations for the new Tax Cuts and Jobs Act (TCJA) requirements.
ONESOURCE International Tax Calculator
New tax bill area of interest: U.S. taxes on international operations
ONESOURCE International Tax Calculator will automate the calculation of U.S. tax on foreign source income for the tax provision process with templates for Subpart F income, Section 956 inclusions, and the US Foreign Tax Credit, as well as the new regulations for Section 965, GILTI, BEAT, and FDII.
With robust planning capabilities for actual and "what-if" cash repatriation and potential organizational structure changes, you can ensure your tax department is making the best value-added decisions. To simplify your processes even further, we’ve integrated the International Tax Calculator with both ONESOURCE Tax Provision and ONESOURCE Income Tax, so data is easily transferred between the applications.Contact us to learn more
Is your data properly structured to respond to tax reform changes?
With tax reform in the U.S. now a reality, corporate tax departments have a unique opportunity to showcase their value. Let Thomson Reuters ONESOURCE support your tax department amid these significant changes to the tax code, with technology that allows you to model and scenario plan around the impact on the overall annual effective tax rate, calculate U.S. taxes on international operations, and prepare for state tax implications.
Consider an upgrade to the latest version of your ONESOURCE Tax Provision application to take advantage of all the features that will help you prepare for the rippling effects of tax reform. If you haven't yet made an investment in tax technology, now may be the perfect time.See Tax Provision in motion
What our customers had to say about their year-end close process
"With the level of complexity of tax reform, we couldn't fathom doing year-end provisions in excel."
Fortune 500 Global Energy Company
"ONESOURCE structures data in such an accessible way, that we have confidence in the ability to plan and forecast around tax reform changes."
Forbes Top Ranked Multinational Conglomerate
"ONESOURCE was proactive and provided guidance around best practices of isolating the impact from the rate changes."
Leading Fortune 500 Global Pharmaceutical Company
Tax departments with international operations rely on ONESOURCE to simulate impacts, the manual keying of E&P (Earnings and Profit) information, and plan for the most optimal tax structures.
Manage and automate your entire process with ONESOURCE Income Tax International
Simplify your U.S. tax computations derived from international operations and enable your tax department to file complete and accurate tax returns out of our integrated application. From foreign tax credits to allocation and apportionment, learn how you can move to automate key functions, allowing you to focus on other business and operational strategies. Download the brochure today.Income Tax International brochure PDF - 653KB
Get the trusted research you need
For your corporate tax department to showcase your value, you need fast, reliable, and up-to-date answers to questions about the latest tax code changes and an understanding of how those changes impact your company. You also need to know just what steps to take next. Get the expert insights you need quickly and easily with Thomson Reuters Checkpoint corporate tax research, guidance, and learning solutions.
See federal, state and local and U.S. international tax implications all within a tax topic, and much more, with Thomson Reuters Checkpoint Catalyst.Corporate Tax Research and Guidance
Online courses, webinars, and more
Checkpoint Learning offers courses to get you up to speed on what you need to know about the TCJA.Register today
Having the Provision software and Workflow Manager just to help us organize everything. I don't know how we would have gotten through all that manually in Excel.What is a Taxologist?