(RIVERWOODS, ILL., August 31, 2009) – Now it’s possible to instantly calculate your corporate income tax and withholding tax liability in 90 countries around the world with Worldwide Tax Rates and Answers: Calculators from CCH. CCH, a Wolters Kluwer business, is a leading provider of tax, accounting and audit information, software and services (CCHGroup.com).
Worldwide Tax Rates and Answers: Calculators covers all 90 countries in the Worldwide Tax Rates and Answers service. The calculators are front-end tools that enable professionals to easily input appropriate information and receive immediate computational output that is accurate, current and ready for use in other customer applications.
For example, to determine corporate tax, a subscriber simply picks a jurisdiction, picks a calendar tax year and inputs taxable income. The calculator can also compute taxable income with user-friendly templates that start from either gross income or net income per books. The withholding calculator computes withholding tax between two countries on a user-supplied amount of dividends, interest or royalties. Useful country-specific information is also provided to assist in selecting the best tax rate for a transaction. Results for up to five jurisdictions or transactions can be compared on one screen.
“These computational tools provide valuable cross-border information that will assist multi-nationals and other interested parties in their international tax planning, and provide a vehicle for tracking a corporation’s global effective tax rate and minimize it to the extent possible,” said CCH Director of Publishing for International Taxation Mark Friedlich. “This product will enhance productivity and ensure that tax professionals have the most accurate, current tool available to perform their international tax planning and compliance responsibilities,” Friedlich added.
About Worldwide Tax Rates and Answers
Worldwide Tax Rates and Answers is a unique tax compliance and research solution that provides immediate access to real-time, country-specific, national and local tax rates, legislative tracking, as well as current forms and instructions in English, for 90 countries around the world. It also includes up-to-date questions and answers to key compliance issues for each country, written by in-country tax experts. Presented in a unique “answer-oriented” format, subscribers have the ability to link to the latest information available. Everything is translated into English. To ensure that subscribers are up-to-date with the latest news and developments in the 90 countries covered by Worldwide Tax Rates and Answers, Global Daily Tax News offers country-specific national and local tax and business news coverage.
For More Information
For more information on Worldwide Tax Rates and Answers: Calculators, visit CCHGroup.com/wtra or call your CCH sales representative at 1-888-CCH-REPS or 1-888-224-7377.Worldwide Tax Rates and Answers: Calculators is available only as an add-on to a Worldwide Tax Rates and Answers subscription.
About CCH, a Wolters Kluwer business
CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Suite, CCH® TeamMate, CorpSystem®, CCH® IntelliConnect™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer had 2008 annual revenues of €3.4 billion, employs approximately 20,000 people worldwide, and maintains operations in over 35 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit www.wolterskluwer.com for information about our market positions, customers, brands, and organization.