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Leslie Bonacum
847-267-7153
mediahelp@cch.com
Neil Allen
847-267-2179
neil.allen@wolterskluwer.com

Worldwide Tax Rates and Answers: Central and Eastern Europe from CCH Provides Quick Answers to Your Tax Questions, Real-time Tax Rates, Tax Forms and Instructions in English

(RIVERWOODS, ILL., March 17, 2008) – CCH, a Wolters Kluwer business and a leading provider of tax, accounting and audit information, software and services (CCHGroup.com) has expanded its coverage of taxes around the world with the release of Worldwide Tax Rates and Answers: Central and Eastern Europe, a unique online tax compliance and research product for companies doing business in the key emerging countries around the world that provides real-time national and local tax rates, as well as tax forms and instructions in English and up-to-date answers to the most frequently encountered tax questions in each country. Another unique feature of the product is real-time legislative tracking that provides instant access to future tax rates.

This is the fourth component of CCH’s Worldwide Tax Rates and Answers Series line of products designed to bring tax professionals the most current individual country tax information available.

Worldwide Tax Rates and Answers: Central and Eastern Europe presents vital, easy-to-access tax information for 12 important growing economies: Turkey, Norway, Ukraine, Kazakhstan, Uzbekistan, Georgia, Armenia, Serbia, Montenegro, Bosnia-Herzegovina, Croatia and Azerbaijan.

“Multinational companies are under increased pressure to have both up-to-date and historical cross-border information, especially for complying with the rigorous requirements of SOX and FIN 48,” said Mark Friedlich, CCH’s Editorial Director for International Tax, Accounting and Auditing and Estate Planning. “Earlier this year, we recognized this need for real-time updating of corporate income, VAT and withholding tax rates, legislative tracking to cover future rate changes, tax forms and instructions in English and a rolling three-year archive of historical rates, as well as thousands of answers to common tax questions, and now we expand that coverage into another dozen hot markets around the world.”

Smart Charts™ for Quick Answers

Worldwide Tax Rates and Answers: Central and Eastern Europe uses Smart Chart™ technology that allows users to quickly access rates and get answers to key tax questions in each of the countries, presented in chart format for easy comparisons across jurisdictions. It provides real-time national and local tax rates, current tax forms and instructions in English, plus specific answers to key country tax compliance issues updated every month. It is prepared and maintained by tax experts located in each of the countries.

Currently there are approximately 220 common questions and answers for all 12 countries, arranged under 10 broad topics:

  • Tax Rates;
  • Corporate Income Tax;
  • Transfer Pricing;
  • Withholding Tax;
  • VAT;
  • Business Formation;
  • Capital Gains;
  • Currency;
  • Other Taxes; and
  • Tax Forms and Instructions.

In addition, there are country-specific questions and answers. In total, there are over 2,400 key questions and answers to speed research. Answers include citations to the official authority and users have the ability to communicate directly with local tax professional via e-mail or phone with questions about the content.

Tax experts on the ground in each country quickly update the contents for each of the 12 countries every month and provide an easy-to-find last-revision date.

Availability and Pricing

For more information or to subscribe to Worldwide Tax Rates and Answers: Central and Eastern Europe call 888-CCH-REPS (888-224-7377) or visit http://CCHGroup.com/wtracee/. A one-year single-user subscription is $2,295.

About CCH, a Wolters Kluwer business

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

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, and legal and regulatory sectors. Wolters Kluwer had 2006 annual revenues of €3.4 billion, employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.

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