Thomson Reuters Acquires Canadian Income Tax Software Company

Thomson Reuters has acquired Dr Tax Software Inc in a move to penetrate the Canadian tax and accounting software industry. More than three thousand Canadian accounting firms use Dr Tax software and Thomson Reuters are keen to enter this market place with a leading software company which is DT MAX tax compliant and a company with over twenty five years experience in the Canadian tax sector.

Dr Tax Software sells its software through retail outlets and also online and Thomson Reuters plans to maintain the company's excellent customer relationships and product portfolio. The combined forces of Thomson Reuters and Dr Tax Software are likely to benefit customers as the two companies combine expertise with innovative technology to deliver information in the financial legal, tax and accounting, healthcare and science, and media markets.

Dr Tax Software is headquartered in Montreal and provides services for more than three thousand Canadian account firms.