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Thomson Reuters unveils cloud-based tax platform

November 15, 2021

Via: ZDnet
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Thomson Reuters announced a new cloud-based tax platform that melds edge computing with the capabilities of a traditional tax engine to help simplify processes for tax and accounting professionals.

Thomson Reuters executives told ZDNet that the patent-pending Indirect Tax Determination Anywhere platform was launched to help companies conduct “fast, accurate, and secure tax calculations in the cloud.”

Sunil Pandita, president of corporates at Thomson Reuters, said corporate tax departments and specialists are constantly up against ever-changing tax regulations and complicated jurisdictional requirements that manual calculations and legacy systems struggle to keep up with.

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