New CCH Integrator(TM) for Corporate Professionals: Centralized Solution Cuts through Tax Complexity, Eases Compliance Burden

2/15/2012, 3:00 PM (Source: GlobeNewswire)
A New Global Solution, from a Global Tax Authority

Riverwoods, ILL. (February 15, 2012) - Global tax authority CCH has introduced a
new single solution to simplify the increasingly complex world of tax for local
corporations and multinational corporations of all sizes: CCH Integrator(TM).
 The new web-based suite delivers CCH's award-winning software and comprehensive
international content to provide one centralized solution to streamline tax data
collection, provision, research and compliance activity.
CCH, a Wolters Kluwer business is a leading global provider of tax, accounting
and audit information, software and services (CCHGroup.com).

"Professionals in corporate tax and finance departments around the world face
enormous challenges and complexity each and every day," said Scott Gruchot, CCH
Corporate Services Vice President and General Manager. "We're very pleased to
announce that CCH offers a solution that can help them. CCH Integrator is an
integrated web-based suite that was created for corporate professionals
worldwide to help them simplify processes, increase efficiency and improve
accuracy."

Break Through Barriers, Bridge Borders with New Streamlined Solution
Created for multinational corporations, and domestic corporations with
cumbersome tax processes, CCH Integrator leverages the latest technology to
streamline current corporate tax data collection, provision, research and
compliance processes, while helping to reduce audit risk associated with global
tax regulations. Key components of the CCH Integrator suite include Global
Integrator and Global Tax Research Integrator.

About Global Integrator
Global Integrator software provides a single platform for data collection,
analysis and tax reporting globally. Scalable for both small and large
corporations, Global Integrator offers multi-jurisdictional functionality that
delivers benefits to both the head office and local countries. With Multi-GAAP
reporting, this single solution provides reconciliation from head office GAAP,
to local GAAP, to local tax. Global Integrator also offers multi-currency and
multi-language capabilities and is completely configurable by the end user to
meet the individual data collection, calculation and reporting needs of
corporations.

With Global Integrator, companies only need to enter tax data once because it
leverages the same set of reconciled numbers for local and head office
accounting, reporting, compliance and forecasting.

In addition, Global Integrator:

* Standardizes calculations and schedules with flexible templates that provide
consistent reporting formats across countries.
* Customizes data collection schedules and questionnaires to suit individual
reporting needs.
* Compares and integrates head office and local GAAP reporting for tax
accounting under both FAS109 and IFRS in a single calculation.
* Performs full conversions, including reconciliation of exchange rate
differences.
* Calculates tax positions based on estimates/restructures.
* Provides a single system that contains all tax provisions and tax returns
globally for all years.
* Integrates with general ledgers, local compliance systems, Microsoft® Excel®
and other tax applications.
* Integrates federal/state, provincial and dual tax system calculations.
* Offers built-in status tracking, audit controls, electronic sign-off and
transparency of who modified what and when, including drill-down from the
tax footnotes back to the source.
* Supports detailed provision calculations (with full tax basis balance sheet)
and high-level ETR calculations, and more.

"Global Integrator has not only improved our control environment, it has also
provided consistency and visibility to global information we didn't have prior
to its implementation," said Patrick Callahan, Director, Tax Accounting &
Reporting, Kimberly-Clark. "With Global Integrator, we are implementing a single
process for both U.S. and local GAAP tax accounting across more than 200
entities and have saved over 9,000 hours and 52 elapsed days from our U.S. tax
compliance processes."

About Global Tax Research Integrator
Global Tax Research Integrator quickly connects professionals with timely,
authoritative and specific international content in countries where a company
does business. It features the full line of CCH international research resources
delivered on the powerful and intuitive CCH IntelliConnect(®) platform.

Content includes:

* In-country guidance, attested to each month.
* Real-time country tax rates, translated tax forms and instructions for more
than 120 countries.
* Easy-to-understand detailed guidance and analysis written by in-country tax
experts.
* Customized daily international tax news and updates delivered via email.
* Access to CCH Mobile; and CCH's International Tax Treaty Expert Library.

In addition, corporations can customize Global Tax Research Integrator, choosing
the level of content they want - Pro, Plus or Premium - to meet their specific
needs.

"Professionals who are looking for a centralized solution to help clear
compliance challenges with efficiency and confidence will benefit from CCH
Integrator," said Callahan. "The winning combination of powerful software with
in-country expertise delivered by a global leader CCH will provide a formidable
solution in helping to streamline and simplify a complex global tax
environment."

For More Information
CCH Integrator is offered through the new CCH Corporate Services business line,
serving corporate professionals with dedicated product, sales, customer services
and support to meet their specific needs.

To learn more about the new CCH Integrator suite, please visit CCHIntegrator.com
or contact a CCH account representative at 1-866-513-CORP (1-866-513-2677).

About Wolters Kluwer Tax & Accounting
Wolters Kluwer Tax & Accounting, a division ofWolters Kluwer, is the global
leading provider of tax, accounting and audit information, software and
services. Tax, accounting, and audit professionals who serve as trusted advisors
to clients and businesses worldwide rely on authoritative content and integrated
workflow solutions from global leader Wolters Kluwer Tax & Accounting. Wolters
Kluwer had 2010 annual revenues of €3.6 billion, employs approximately 19,000
people worldwide, and maintains operations across Europe, North America, Asia
Pacific, and Latin America, serving customers globally. Wolters Kluwer is
headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on
Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
Visit our website, YouTube, follow @Wolters_Kluwer on Twitter, or look up
Wolters Kluwer on Facebook for more for information about our customers, market
positions, brands, and organization.

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Forward-looking Statements
This press release contains forward-looking statements. These statements may be
identified by words such as "expect," "should," "could," "shall," and similar
expressions. Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the forward-looking
statements. Factors which could cause actual results to differ from these
forward-looking statements may include, without limitation, general economic
conditions; conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological developments;
the implementation and execution of new ICT systems or outsourcing; and legal,
tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as
risks related to mergers, acquisitions, and divestments. In addition, financial
risks such as currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of factors
should not be construed as exhaustive. Wolters Kluwer disclaims any intention or
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.

Contact: Media Investors/Analysts

Leslie Bonacum Eric Scott Jon Teppo

+1-847-267-7153 +1-847-267-2179 +31 172 641 407

mediahelp@cch.com eric.scott@wolterskluwer.com ir@wolterskluwer.com






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