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Thomson Reuters Releases Solution to Help Multinational Corporations Identify Global Tax-Saving Credits and Incentives

Thomson Reuters Checkpoint Credits & Incentives Pinpointer: International is a new solution designed to help multinational corporations (MNCs) identify tax credits and incentives that apply to global jurisdictions to maximize tax-saving opportunities.

Although global jurisdictions offer a variety of business tax and credit incentives to attract investors, many of these opportunities are difficult to uncover and often go unclaimed, due to language barriers, hard-to-find information, and the complexity of navigating local websites. Credits & Incentives Pinpointer: International is designed to help global tax practitioners identify and evaluate applicable credits and incentives in order to maximize their tax savings.

“Companies are not realizing the full benefits of the tax credits and incentives to which they are entitled,” said Alan Cohen, vice president of international markets with the Tax & Accounting business of Thomson Reuters. “This solution offers guidance for businesses operating in global jurisdictions, as well as those looking to expand or relocate by providing important, hard-to-find resources to take advantage of available incentives around the globe.”

Credits & Incentives Pinpointer: International covers more than 20 credit types available in close to 60 countries. Some of the key features include:

  • Coverage of the most hard-to-find tax credits and incentives information, all aggregated in one place.
  • Essential summary information displayed in an easy-to-read table view and the option to sort findings by country or tax credits.
  • A summary table view which compares credits and tax saving opportunities across multiple jurisdictions.
  • Additional coverage including potential value from the credits, eligibility requirements, statute references, and links to the statutes online for in-depth research for select jurisdictions.

Thomson Reuters Checkpoint provides integrated research, editorial insight, productivity tools, online learning and news updates along with intelligent links to related content and software. It is relied on by thousands of tax and accounting professionals including practitioners in 97 of the Top 100 U.S. law firms, 99 of the Fortune 100 companies, and all of the top 100 U.S. CPA firms.