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Thomson Tax & Accounting Launches OneSource Tax

 A Breakthrough Platform Providing an Integrated Solution for Corporations
                        Managing Multiple Tax Types

    CARROLLTON, Texas, Feb. 4 /PRNewswire/ -- Thomson Tax & Accounting, a
segment of The Thomson Corporation (NYSE: TOC; TSX: TOC), has released
OneSource Tax(SM), a portal interface designed to help corporate tax
departments easily access tax tools, manage workflows, and track key
information.

    "The vision behind developing the OneSource Tax platform was driven by
the need to create a tool that would allow our customers to better manage
their workflows through the integration and utilization of the entire
Thomson Tax & Accounting portfolio of software and services for the
corporate tax market," said Michael Knighton, vice president of Corporate
Workflow Tools for Corporate Software & Services within Thomson Tax &
Accounting. "With this introduction, we have realized this vision and now
present the market with a single-vendor option for the management of their
entire corporate tax department that includes increased customer access to
data and heightened visibility into key departmental data, metrics, and
workflow status."

    OneSource Tax is a Web-based corporate tax portal that provides single
sign-on capabilities for licensed clients of Checkpoint(R), InSource RS(R),
and/or OneSource WorkFlow Manager(TM) (formerly InSource WorkFlow
Manager(TM)). Information and data from these solutions reside on one Web
page as graph and spreadsheet 'gadgets' to drive time savings. For example,
tax department managers can review both tax provisions and Checkpoint
searches related to FIN 48 positions on the same page, to help run projects
easily and more efficiently, while staying in-tune with the issues their
department is currently facing -- and ultimately reduce risk.

    "Tax departments continue to be challenged by elevated risk caused by
the increased complexity of their work and by staffing difficulties," said
Steve Mendelsohn, senior vice president of Income Tax within Corporate
Software & Services at Thomson Tax & Accounting. "Innovative technology,
both in software and service delivery, can help them meet these
challenges."

    Mendelsohn added that the integration of InSource compliance and
provisions software on the OneSource Tax platform will provide increased
efficiency and visibility of data that will give these departments
meaningful relief.

    To learn more about OneSource Tax, visit
http://www.onesourcetax.thomson.com. For information on InSource, visit
http://www.incometax.thomson.com. For information on Checkpoint, visit
http://www.ria.thomson.com.

    The Thomson Corporation

    The Thomson Corporation (http://www.thomson.com) is a global leader in
providing essential electronic workflow solutions to business and
professional customers. With operational headquarters in Stamford, Conn.,
Thomson provides value-added information, software tools and applications
to professionals in the fields of law, tax, accounting, financial services,
scientific research and healthcare. The Corporation's common shares are
listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).

    Thomson Tax & Accounting, a segment of The Thomson Corporation, is a
leading provider of technology and integrated information solutions to
accounting, tax and corporate finance professionals in accounting firms,
corporations, law firms and government. Thomson Tax & Accounting includes
the Professional Software & Services, Corporate Software & Services, and
Research & Guidance businesses. OneSource Tax and InSource are brands
within Corporate Software & Services. Checkpoint is a brand within Research
& Guidance.



SOURCE Thomson Tax & Accounting




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Related links:
  • http://www.onesourcetax.thomson.com
    CONTACT:
    Pam Bruno, +1-203-461-9409,
    pbruno@landepr.com, or Melissa Lande, 1-800-993-7600, ext. 1#,
    mlande@landepr.com, both for Thomson Tax & Accounting