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ONESOURCE

Connect your tax workflows with ONESOURCE

ONESOURCE brings tax and reporting processes together to automate work, connect data and resolve issues faster with AI powered by CoCounsel.

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Streamline tax and reporting workflows across your organisation

Global tax teams work across multiple tax types, jurisdictions and systems, making it challenging to maintain consistent processes while meeting local requirements. ONESOURCE combines specialist solutions, maintained content, intelligent AI automation, integrations and reporting tools to help teams standardise core processes while retaining the local detail each obligation requires. ONESOURCE supports both indirect and direct tax workflows.

Indirect Tax

Navigate changing indirect tax requirements with solutions that simplify compliance, improve accuracy and help you manage tax obligations across jurisdictions.

Explore Indirect Tax

Indirect Tax Determination

Calculate VAT, GST, sales and use tax, and excise tax at the point of transaction using current global tax rules and content.

    E-invoicing

    Send and receive compliant e-invoices across systems, markets and transaction formats with ONESOURCE Pagero E-invoicing.

      Indirect Tax Compliance

      Automate the preparation, validation and reconciliation of VAT, GST and other indirect tax returns across jurisdictions.

        Sales & Use Tax

        Automate sales and use tax return preparation, validate results and identify potential errors before returns are ready for filing.

          Reconciliations

          Reconcile e-invoices and VAT or GST returns at line level to identify and resolve discrepancies before they create filing risk.

            Direct Tax

            Simplify complex direct tax processes with solutions that help tax teams improve efficiency, manage compliance and make informed decisions.

            Explore Direct Tax

            Statutory Reporting

            Prepare compliant financial statements across jurisdictions with country-specific content, standardised workflows and clear audit trails.

              Corporate Tax

              Manage corporate tax compliance across entities and jurisdictions through connected, consistent processes that reduce manual data handling.

                Tax Provision

                Calculate tax estimates, review results and explore underlying detail to accelerate provision processes and support downstream tax work.

                  Take greater control of tax and reporting with ONESOURCE

                  Reduce manual work

                  Automate repeatable calculations, data movement and reporting tasks so specialists can focus on exceptions, review and judgement.

                  Improve consistency

                  Apply standard processes and centrally managed content across entities while accommodating local tax and reporting requirements.

                  Connect data and workflows

                  Reduce hand-offs between systems by connecting transaction, compliance, provision and reporting processes across the tax lifecycle.

                  Respond to change

                  Use maintained content, cloud updates and configurable workflows to adapt as tax and reporting requirements change.

                  FAQs

                  Build a more connected tax and reporting workflow

                  Bring tax and reporting together with ONESOURCE to help your teams work more effectively across systems, processes and jurisdictions.

                  Get in touch

                  Tell us about your tax and reporting requirements and a Thomson Reuters specialist will contact you to discuss the right next step.

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