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Unveiled to corporate tax professionals in Washington, D.C.


NEW YORK, Nov. 2, 2010-The Tax & Accounting business of Thomson Reuters today
announced the ONESOURCE global tax workstation - the world's first global tax
software solution. As the only true "one-stop" workflow solution for
multinational corporations (MNCs) and large accounting firms, it not only
integrates existing global tax compliance software with local tax compliance
tools in a growing number of countries, but can easily adopt new offerings and
technologies to meet the future needs of accounting firms and corporate tax
personnel. The announcement was made to more than 1,000 corporate tax
professionals at the 2010 ONESOURCE User Conference in Washington, D.C.

Building on the success of the existing ONESOURCE platform, which provides U.S.-
centric tax and compliance data to over 38,000 global users in more than 80
countries, ONESOURCE manages a company's entire tax workflow -- linking global
staff, controllers, finance, and even tax advisors and auditors -- on one
system. This new integrated workstation leverages solutions such as ONESOURCE
WorkFlow Manager, ONESOURCE FileRoom and ONESOURCE Calendar, and combines Tax &
Accounting offerings such as Checkpoint, ONESOURCE Indirect Tax, and ONESOURCE
Tax Provision with revolutionary technology, to address the needs of a company's
tax lifecycle. It provides the solutions needed to handle tax planning, transfer
pricing compliance, tax return compliance, and global tax reporting needs -- all
in one platform.

This evolution of the ONESOURCE platform suite is expected to build on the
existing success of the flagship ONESOURCE solutions, which serve 90 of the
Fortune 100 and 728 of the Fortune 1000 corporations. The launch is the latest
in aseries of steps by Tax & Accounting to provide MNCs and global accounting
firms with Web-based solutions designed to better serve them in the global
market.

"Thousands of companies are increasing their cross border activities, and we're
here to provide them with what they need to meet the ever-changing demands of a
complex global tax environment," said Roy M. Martin, Jr., president and CEO of
Tax & Accounting. "ONESOURCE is now the most comprehensive and integrated
solution for a company's tax, accounting and financial reporting compliance
lifecycle. It transforms a company's global tax function by optimizing the
compliance process while implementing new tools to help tax leadership enhance
overall profitability."

These enhancements fill the knowledge gap that previously existed between
multinational companies and the countries they operate in, and synthesizes
increasingly complex global tax and compliance regulations onto one platform, to
enable businesses to make smarter business decisions and seamlessly manage their
tax needs across evolving tax regulations around the globe.

"ONESOURCE is a revolutionary new platform that provides local domain knowledge
and automation on a global scale in one systematic, Web-based platform," said
Brian Peccarelli, president of Workflow & Service Solutions at Tax & Accounting.
"We've designed a platform that enables tax professionals to easily react to
changing business strategies and tax environments in order to ensure every tax
return and statutory compliance requirement is met globally."

For more information on theONESOURCE suite of products, visit:

ONESOURCE Global Tax Planning, ONESOURCE Tax Provision, ONESOURCE Transfer
Pricing, ONESOURCE WorkFlow Manager, ONESOURCE Accounts Production, ONESOURCE
Corporate Income Tax, ONESOURCE Fringe Benefits Tax, ONESOURCE Indirect Tax,
ONESOURCE Property Tax, ONESOURCE Tax Information Reporting, ONESOURCE Trust &
Estate Administration, ONESOURCE Trust Tax, ONESOURCE Trusts, and ONESOURCE
Unclaimed Property.

About 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. For more
information, go towww.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. Headquartered in New
York, Tax & Accounting has major operations in Ann Arbor, Dallas, Hyderabad,
London, Sydney, and Toronto. For more information, go
tohttp://thomsonreuters.com/products_services/taxacct/.



CONTACT

 Joe Christinat
 212 807 2198
 Joe.christinat@thomsonreuters.com






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