Thomson Reuters Corporation : Resolute Forest Products Selects Thomson Reuters to Consolidate its Canadian and US Sales and Use

Thomson Reuters Corporation : Resolute Forest Products Selects Thomson Reuters
      to Consolidate its Canadian and US Sales and Use Tax Determination

Extensive SAP expertise, use tax determination experience, access to latest
tax data and trusted technology platform among key reasons company chooses
ONESOURCE Indirect Tax

New York, January 8, 2013 - The Tax & Accounting business of Thomson Reuters
announced today that Resolute Forest Products (, has
selected ONESOURCE Indirect Tax Determination to be the platform for its
Canadian transaction taxes, and sales and use tax determination, calculation,
and recording operations. 

Resolute is a global leader in the forest products industry with a diverse
range of products, including newsprint, commercial printing papers, market
pulp and wood products. It decided to leverage the ONESOURCE Indirect Tax
platform with Goods Movement and Tax Certificate Management integrated with
SAP to create an end-to-end indirect tax operation.

"We expect to simplify our sales and use tax process with confidence by using
ONESOURCE, a trusted tax platform used by Global Fortune 500 companies to
manage the entire indirect tax lifecycle," said Lenny Di Palma, Vice President
of Tax, for Resolute Forest Products. "After an extensive evaluation of the
market, Thomson Reuters' ability to rapidly deploy its industry-proven tax
platform, coupled with the company's deep SAP expertise and access to the
latest tax data were among the key reasons we decided to go with them."

"When companies consolidate their sales and use tax operations, they can
achieve greater efficiency," said Gary Allen, Vice President of Software
Technology, ONESOURCE Indirect Tax. "Thomson Reuters already works with a
growing roster of companies in the forest products industry to achieve their
transaction tax objectives, so Resolute Forest Products will benefit from this
sector-specific expertise."
Anticipated benefits using ONESOURCE Indirect Tax include:

  *Ability to automatically handle robust customer and product taxability

  *Access to reliable and relevant tax data

  *Seamless integration with finance systems and existing SAP ERP platform 

  *Rapid deployment of trusted tax platform used by leading global companies

For more information on the significant features and benefits in the latest
release of ONESOURCE Indirect Tax, go to:


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Aimee Quemuel
(415) 753-9005


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Source: Thomson Reuters Corporation via Thomson Reuters ONE
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