ONESOURCE Indirect Tax software suite allows companies to manage end-to-end VAT processes, allowing you to automate transactions without the headache of maintaining an in-house tax engine or reporting system.
Deployable on-premise and on cloud, you can confidently focus on operations, instead of worrying about audit penalties or risking inaccurate tax calculations.
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Get more control and transparency with ONESOURCE
ONESOURCE Indirect Tax eliminates manual, time-consuming transaction processes and reduces the reliance on key team members understanding the VAT compliance and reporting process
Thomson Reuters has a dedicated tax research team based in the GCC, focused exclusively on maintaining and updating all local VAT rates, rules and regulations, across all our products. You can be confident that your tax calculation, validation and VAT forms are always 100% correct
There’s no major IT involvement required for integration and no need to reconfigure your financial system. This removes tax professionals’ dependency on IT to control your company’s tax policy updates
Reasons to rely on ONESOURCE Indirect Tax:
75%Increase in efficiency
50%Reduction in costs
190,000tax authorities globally, access automatic tax rate updates backed by an internal team of tax research experts
What you get with ONESOURCE Indirect Tax
Calculate correct tax amounts in milliseconds and easily handle millions of transactions daily. Standardize the return process across your business globally with English and local languages available.
Dedicated team supporting determination in 190 countries, where you’ll benefit from complete, accurate and up-to-date rates and rules on goods and services for tax authorities at the country, state, provincial and municipal levels .
View real-time metrics and updates in a centralized dashboard, so you have increased transparency and complete visibility from the source data all the way down to the transactional level and back.
Powerful reporting capabilities for GL reconciliation, high value transactions, and more, supporting your global compliance, and data analysis process with fast and flexible reporting - giving you the tools your stakeholders need.
Get industry leading e-invoicing support across India, Saudi Arabia and other MENA markets.
Meet new and increasingly prevalent digital tax reporting requirements with support for SII, SAF-T and more.
ONESOURCE Indirect Tax software is fully FTA certified by UAE's Federal Tax Authority.