CCH Tax and Accounting Offers Premier, One-Stop International Tax Treaty Expert Library

(RIVERWOODS, ILL., November 8, 2004) — CCH Tax and Accounting is pleased to announce the release of the CCH International Tax Treaty Expert Library. Now, tax practitioners engaged in tax research of international transactions can not only access tax treaties around the world, but can also easily access important rate information within these treaties, as well as expert outside-authored analysis about those treaties in one comprehensive resource. CCH Tax and Accounting is a leading provider of tax and accounting information, software and services and a Wolters Kluwer company (tax.cchgroup.com).

The CCH International Tax Treaty Expert Library integrates trusted, authoritative materials, commentary and tools from CCH and Aspen Publishers in a convenient online environment.

"With CCH International Tax Treaty Expert Library, tax practitioners now have a single practice-oriented electronic resource for all of their tax treaty-related research needs that is unmatched in the market," said CCH Product Manager Tanya Rose.

International Library Brings Together the Best of All Worlds

Designed to meet the evolving market demand for integrated content and tools, CCH’s new International Tax Treaty Expert Library on the CCH® Tax Research NetWork brings together precisely the resources and tools that professionals reach for first – leading international tax treatises and commentary, integrated with CCH content, decision support tools and primary source documents. And, the primary source materials, treatises and tools all appear in a common interface, facilitating ease of use.

"The interplay between the different types of resources is the key to making this a comprehensive solution," noted Rose.

Presented in a practice-oriented format designed to simplify research and increase productivity, the International Tax Treaty Expert Library offers:

  • Integrated Approach that Follows Workflow

To make research even easier, all content is integrated to follow practitioners’ workflow, allowing users to move seamlessly from basic research to more in-depth source material and analytical review.

  • Content Written by Experts for Experts

Our analytical, investigative content on distinct topic areas is written by the industry’s leading experts. In fact, analytical works and authors for this library are cited by courts and leading commentators on a regular basis.

  • Direct Links to Source Documents and CCH Content

The Library’s sophisticated content is integrated with, and linked to, primary source materials, as well as to other CCH content.

  • The Latest News and Current Developments

Our core materials will soon be integrated with tax treaty news, articles, publications and planning products to help you keep up with the latest news, developments and trends on tax treaties. CCH® Tax Tracker News, delivered daily via e-mail and users’ own personalized web page, is fully customizable, so subscribers can pinpoint the issues that are most relevant.

  • Time-Saving Practice Tools for Quick Reference

Users can quickly locate facts, figures and answers with special practice aids. The Library offers key tax treaty withholding rate information in an easy-to-use look-up format for quick reference of rates, as well as quick comparative analysis. And, our look-up feature is designed to provide quick ways to link to more in-depth research content on tax-treaty related issues.

Comprehensive Content You Can Count On

The core of the International Tax Treaty Expert Library contains a comprehensive offering of expert information, including primary source materials and analytical works.

  • Primary Source Material

A collection of more than 2,300 tax-treaty-related documents from around the world, featuring:

-English text of tax treaties, relevant diplomatic notes, protocols and other amending documents;

-CCH amended versions of tax treaties — "point-in-time" collections of "editorially amended versions" of tax treaties that will save research time by making it easier to read the treaty and all modifications as of a certain time in one document;

-Other important treaty and treaty-related documents for tax practitioners for these jurisdictions, including:

Estate and Gift Tax Treaties

Shipping and Aircraft Agreements

Information Exchange Agreements

OECD Model Treaties and Commentaries

Additional treaties and supporting documents will be added on a regular basis as our collection expands.

  • Analytical Works

-Klaus Vogel on Double Taxation Conventions – 3rd Edition – by Klaus Vogel, the definitive analytical framework for international tax treaty analysis;

-International Taxation, US Taxation of Foreign Persons & Foreign Income – by Joseph Isenbergh;

-The Compatibility of Anti-Abuse Provisions in Tax Treaties with EC Law – Edited by Peter H.J. Essers, Guido J.M.E. de Bont, and Eric C.C.M. Kemmeren;

-The Impact of Community Law on Tax Treaties – by Pasquale Pistone;

-The 1996 United States Model Income Tax Convention – by Richard Doernberg and Kees van Raad

 

  • Practice Tools, Aids and Quick Answers

CCH International Tax Treaty Expert Library also includes an integrated decision-support work tool designed to facilitate ease of use and make users more productive. This tool, called the International Tax Treaty Withholding Rate Decision Support Tool, provides users with quick look-ups of tax treaty withholding rates in over 50 countries, including key OECD and other countries. The table presentation facilitates quick comparisons of rates in these countries. It also links from rates to specific treaties to facilitate more detailed analysis and research when needed. The rates are easily downloadable to the customer’s workstation. And customers may elect to receive a monthly email notice of any changes to the rates. The tool covers over 50 countries, with additional countries on the way.

  • News and Developing Issues

Coming soon, the CCH International Tax Treaty Expert Library will include robust and timely news and current awareness information on tax treaty developments. CCH’s Tax Treaty Tracker News will provide a customizable daily tax news service that covers international tax treaty developments. The Library also will be expanded to include international articles and commentary written by noted international tax practitioners on hot topics and emerging trends, as well as articles and features from our Journal of Taxation of Global Transactions.

For More Information

The CCH International Tax Treaty Expert Library is offered at a special introductory price of $1,400 through March 31, 2005, for a single-user, one-year subscription. Beginning in April 2005, the offering price will be $2,000. To order, or for more information, call 800-449-8114 or visit the CCH Online Store at onlinestore.cch.com.

About CCH Tax and Accounting

CCH Tax and Accounting (www.tax.cchgroup.com), based in Riverwoods, Ill., is a leading provider of tax and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market leading products are The ProSystem fx® Office, CCH® Tax Research NetWork™, Accounting Research Manager™ and the U.S. Master Tax Guide®. CCH Tax and Accounting is a Wolters Kluwer company. Wolters Kluwer is a leading multinational publisher and information services company.

Wolters Kluwer has annual revenues (2003) of €3.4 billion, employs approximately 18,750 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. (www.wolterskluwer.com). Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

-- ### --

nb-04-98