The IRS Chooses Thomson Reuters

EAGAN, Minn., March 16, 2009 – West, part of Thomson Reuters, has been awarded a new multi-year contract from the Internal Revenue Service (IRS) for comprehensive research services, including legal, tax, news and business information, according to an announcement today from Thomson Reuters. Under this follow-on contract, up to 25,000 IRS professionals across all of its divisions will have access to a special version of Westlaw geared expressly for tax, legal and regulatory research.

The Westlaw package was customized for the unique needs of IRS staff and agents. Select assets from across the Legal and Tax & Accounting segments of Thomson Reuters, as well as from BNA, are tightly integrated within a tailored Westlaw interface. The service also enhanced West's unique KeyCite citator to allow users to quickly and easily retrieve a list of all Westlaw cases and statutes, administrative decisions and analytical sources that cite a particular subsection or paragraph of the tax code.

"Over the past several years, the Westlaw team has worked closely with the Tax & Accounting businesses of Thomson Reuters to integrate a content set designed specifically for attorneys and tax practitioners researching legal questions," said President and CEO Peter Warwick, Thomson Reuters, Legal. "This tax content has been expanded into a unique offering for the IRS, easily managed in a version of Westlaw that uses the structure of the U.S. Federal Tax code as the primary navigational architecture."

"The Tax & Accounting content available to the IRS includes federal, state, local and international tax information, as well as accounting and auditing guidance. It is anchored with expert analysis and guidance from RIA, WG&L and PPC, the top names in analytical tax and accounting research materials," said Mark Schlageter, president of Research & Guidance, Thomson Reuters, Tax & Accounting. "This is the most comprehensive expert guidance available anywhere."

"We make it our business to know our customers better than anyone else in this industry," Warwick said. "The IRS Westlaw platform showcases the unique ability of Thomson Reuters to bring together the right mix of content, analysis, technology and customer service to meet the needs of even our most complex customers. The selection by the IRS is a gratifying endorsement for our work and speaks well of the collective strength of Thomson Reuters."

Terms of the contract were not disclosed.

Headquartered in Eagan, Minn., West is the foremost provider of integrated information solutions, software and services to the U.S. legal market. West is part of Thomson Reuters. For more information, please visit the West Web site at west.thomson.com.

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minn., Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange, Toronto Stock Exchange, London Stock Exchange and Nasdaq. For more information, go to www.thomsonreuters.com.