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Elsevier Takes Taxware Sales Tax Package

Tax-News.com, Brussels

14 January 2003

Taxware (www.taxware.com), the leading developer of worldwide commercial tax compliance systems and a division of govONE Solutions, announced that it has been selected as provider of choice worldwide to Elsevier business units. Elsevier is a leading publisher of scientific, technical and medical information products and services and part of the Reed Elsevier Group plc.

By implementing Taxware’s Sales/Use Tax System and WorldTax tax compliance solutions, Elsevier will ensure the correct calculation of indirect tax on sales in over one hundred countries across the globe.

Taxware’s CEO, Mike Mancinelli, explains that the company’s appointment as ‘provider of choice’ reflects Taxware’s track record with Elsevier:

“The high quality of Taxware’s applications is matched by our commitment to the delivery of exemplary customer service, in particular the very considerable resource that we devote to worldwide tax research. The elevation of our relationship with Elsevier to ‘provider of choice’ status is the clearest possible indicator that we have achieved our customer’s requirements in the delivery of robust applications and the accurate and timely delivery of tax data. This directly helps to ensure that Elsevier achieves corporate compliance with a multiplicity of tax regimes worldwide,” said Mancinelli.

Tony Coorey, Chief Information Officer of Elsevier, adds:

“As a global publisher, it is essential that we adopt global solutions and Taxware is the only company with truly global reach in the field of tax compliance software and data. Moreover, we chose Taxware’s products because they combine a global solution with intimate local knowledge of each individual country’s tax regime, and the flexibility to service business units of widely varying sizes. This is of primary importance to Elsevier and makes Taxware the ideal business partner.”

Taxware's parent, govONE Solutions, offers electronic payment, tax calculation and compliance and IT advisory services to US federal, state and local agencies, financial institutions and businesses.

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