Thomson Reuters Opens Asia-Pacific Hub for Tax & Accounting

Thomson Reuters Opens Asia-Pacific Hub for Tax & Accounting

ID: 43172

(Thomson Reuters ONE) -


Appoints Charlotte Rushton to drive regional growth from new Singapore office


New York, September 28, 2010 - The Tax & Accounting business of Thomson Reuters
has announced the formation of its Asia Pacific Income Tax business unit, and in
support, has now opened its regional headquarters in Singapore. In addition, Tax
& Accounting executive Charlotte Rushton has been named Senior Vice President
and Managing Director of the unit, and will be based there.  The business will
include operating responsibility for the existing Tax & Accounting businesses in
Australia and New Zealand, and will focus on expansion into strategic markets
across the region, including India, Japan and China.  Ms. Rushton will report to
Brian Peccarelli, president of the Workflow & Service Solutions unit within Tax
& Accounting.

The opening of the Asia-Pacific regional headquarters and the appointment of Ms.
Rushton are both in response to the growing importance of the region to
multinational corporations (MNCs) as they, themselves, expand globally.  The
MNCs continued growth and investment in the region are creating a strong demand
for products and services that support accurate, efficient and seamless
compliance with increasingly complex tax laws in individual countries, and
compliance with new accounting rules related to the worldwide acceptance of the
International Financial Reporting Standard (IFRS).  Simultaneously, taxing
authorities are increasing their scrutiny of compliance by corporations,
creating the need for automated solutions to help companies demonstrate accurate
and timely tax compliance.

Ms. Rushton will drive growth strategies for the entire region, and oversee
expansion plans for its existing Tax & Accounting business in Australia and New
Zealand.  Thomson Reuters has emerged as a leader in the Australian software




market for corporate tax compliance, through its leading software brands
PowerTax, Allume, and N-Able, and has a leading position in the information
segment, providing solutions for corporations and accounting firms with Tax &
Accounting Online and XYZ Accounting. These products, along with key customer
relationships in Australia and New Zealand, will provide a solid foundation for
expansion and development across the region, as well as further in-country
expansion.

"MNCs and accounting firms in the Asia-Pacific region need to manage the growing
complexities associated with new and increasingly sophisticated tax regulations
evolving in major economies in the region, such as China, Japan and India," said
Mr. Peccarelli. "We are committed to assisting these customers by providing a
full suite of tax and accounting software, research, and training solutions, all
integrated with the ONESOURCE and Checkpoint global platforms. With Charlotte's
strong knowledge of the business, her background in corporate strategy and her
experience working within the Asia-Pacific regulatory environment, she is the
ideal choice to lead our business."

Ms. Rushton is member of the Tax & Accounting Operating and Executive
committees.  Prior to her appointment, as global head of the business'
consulting and strategy practice, she oversaw strategy and the development of
corporate growth plans.  She also played an integral role in the company's
successful acquisition and business development program, and established entry
strategies for new markets.

Before joining Thomson Reuters in 2007, Ms. Rushton was a Partner and leader of
the business strategy capability for Computer Sciences Corporation (CSC), based
in New York. While there, she was responsible for business development and
project leadership for business and IT strategy and planning for both Fortune
500 and start-up clients. She holds both Bachelor's and Master's degrees in
Engineering from the University of Cambridge in the United Kingdom.

 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 to http://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 Dallas, Hyderabad, London,
Sydney, and Toronto. For more information, go to
http://thomsonreuters.com/products_services/taxacct/.

  CONTACT

Joe Christinat
212-807-2198
joe.christinat(at)thomsonreuters.com



[HUG#1447464]








This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Thomson Reuters Corporation via Thomson Reuters ONE


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Datum: 28.09.2010 - 19:33 Uhr
Sprache: Deutsch
News-ID 43172
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