Ryan Acquires the Property Tax and Transfer Pricing Product Lines of Thomson Reuters, Expanding Software Solutions and Services
Summary
This acquisition further expands Ryan’s portfolio of property tax and transfer pricing offerings and brings many notable corporations to the Firm’s client roster. Thomson Reuters OneSource Property Tax software provides a comprehensive system for managing property taxes on assets, including both real and personal property, while its suite of transfer pricing products provides leading technology solutions to multinational corporations to assist them to efficiently address complex transfer pricing compliance requirements and to optimize transfer pricing data collection and reporting. Notably, this acquisition makes Ryan the largest property tax software provider in North America. “We are already a significant user of OneSource Property Tax and have many clients in common with the businesses that are in scope for this transaction. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multidisciplinary team of more than 3,600 professionals and associates serves over 18,000 clients in more than 60 countries, including many of the world’s most prominent Global 5000 companies.
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