About CCH

CCH, a Wolters Kluwer business (CCHGroup.com), is the leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®.

FAQs

What was announced?

Wolters Kluwer Tax & Accounting is pleased to announce that it has acquired the assets of BSI. The acquisition further advances Wolters Kluwer’s portfolio of premiere international information supporting its continued expansion of global tax offerings in the growing corporate market. BSI will become part of CCH, a Wolters Kluwer business.

Who is CCH? Who is Wolters Kluwer?

CCH, a Wolters Kluwer business (CCHGroup.com) is part of Wolters Kluwer Tax & Accounting, a leading provider of tax, accounting and audit information, software and services. As part of Wolters Kluwer Tax & Accounting, CCH offers tax and accounting professionals in corporations and firms around the world market-leading solutions to help them be more accurate, productive and profitable. CCH’s solutions, including the CCH Integrator™ suite for multinational corporations, provide tax, accounting and finance professionals with integrated, web-based compliance software and content they need to streamline and simplify workflow, while addressing complex tax laws and compliance requirements with authority and confidence. Wolters Kluwer Tax & Accounting is a division of Wolters Kluwer (www.wolterskluwer.com), a market-leading global information services company.

Why did Wolters Kluwer Tax & Accounting / CCH acquire BSI?

Wolters Kluwer Tax & Accounting has partnered successfully with BSI for many years to create growing, profitable global tax research products and over time, has increasingly expanded that relationship as Wolters Kluwer has strategically grown its footprint in the corporate market, including the new CCH Integrator suite for MNCs. Professionals in corporations and firms will benefit greatly from CCH’s commitment to serve their special needs, with the continued offering of BSI’s content, as well as enhanced and expanded new offerings through the CCH Integrator suite.

Why is BSI being sold to CCH?

Since 2008, BSI and Wolters Kluwer have worked as partners to create growing, profitable global tax research products and over time, have increasingly expanded that successful relationship as Wolters Kluwer has strategically grown its footprint in the corporate market, including the new CCH Integrator suite for MNCs.

As BSI looked to grow the business further and secure its long-term future, it wanted to do so through the sale of the business to an international company having the capability and desire to invest in significant new product development. Based on this and BSI’s existing successful partnership relationship with Wolters Kluwer, BSI identified Wolters Kluwer Tax & Accounting as the most attractive provider to align with.

What does this mean to professionals?

The alignment of BSI with Wolters Kluwer is great news for professionals who will benefit from BSI’s rich content expertise, global editorial base and years of experience, as well as Wolters Kluwer’s stability and investment capability as a world leader significantly expanding its products in serving tax and accounting professionals worldwide in corporations, including MNCs, and firms.

What's changing for BSI customers?

It’s business as usual for BSI customers, who can expect to receive the same high level products and services. Going forward, BSI customers can also expect to benefit from Wolters Kluwer’s investment, resources and support as we build on product and service excellence to meet customers’ evolving needs.

What are the immediate plans for BSI services?

BSI services will now be offered by CCH. Additionally, BSI will continue providing some or all of the content for many CCH international tax libraries and products, including IntelliConnect and CCH Integrator. CCH also plans to invest to offer expanded new offerings, including enhanced current offerings, and creating new products.

What other products does CCH offer as part of its CCH Integrator suite?

Key components of the CCH Integrator suite include Global Integrator and Global Tax Research 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. 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 IntelliConnect® platform.

Who should BSI customers call if they have a question?

They should continue to call BSI.

What changes do customers need to know about now?

There are no changes to inform customers of at this time, other than the change in ownership of BSI assets.

When will customers receive additional information?

At this time, there is no other information to communicate. BSI content will now be offered by CCH. We expect customers will experience a seamless transition to CCH and we look forward to serving them moving forward.

Will pricing change?

CCH will continue to ensure value-based pricing for BSI services.

Will the business remain in the U.K.?

Yes, BSI will remain in the U.K.