CCH Offers Comprehensive Worldwide Tax Rates and Answers: Emerging Markets

New Resource Provides Real-time Country Tax Rates, Tax Forms, Instruction in English; Quick Answers to Key Tax Questions; New BNA Tax Management Portfolios

(RIVERWOODS, ILL., December 10, 2007) – CCH, a Wolters Kluwer business and a leading provider of tax, audit and accounting information, software and services (CCHGroup.com) has expanded its coverage of taxes around the world with the release of Worldwide Tax Rates and Answers: Emerging Markets, a unique online tax compliance and research product for companies doing business in the key emerging countries around the world that provides real-time individual 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. As part of this offer, users can also add BNA Tax Management Portfolios covering business operations in these countries.

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

Worldwide Tax Rates and Answers: Emerging Markets presents vital, easy-to-access tax information for 12 important growing economies: China, India,  Mexico,  Russia, Brazil, South Africa, Israel, Argentina, Taiwan, Chile, Vietnam and Korea.

“Given the rigorous requirements of SOX and FIN 48, multinational companies are under increased pressure to have both up-to-date and historical cross-border information,” said Mark Friedlich, who leads international tax development for CCH. “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 with Worldwide Tax Rates and Answers: Europe earlier this year, and now we expand that coverage into another dozen hot markets around the world. The BNA Business Operations Abroad Portfolios also provide more in-depth information, analysis and tax planning, enhancing a user’s research.”

Smart Charts™ for Quick Answers

Worldwide Tax Rates and Answers: Emerging Markets 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 over 200 common questions and answers for all 12 countries, arranged under ten broad topics:

Tax Rates

Business Formation

Corporate Income Tax

Capital Gains

Transfer Pricing

Currency

Withholding Tax

Other Taxes

VAT

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 professionals via e-mail or phone with questions about the content. Plus, with the BNA Tax Management Portfolio add-on, users can link to the BNA content referenced within the chart and have full access to the complete country portfolio, providing expert guidance on the tax aspects of expanding and operating businesses abroad.

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: Emerging Markets, call 888-CCH-REPS (888-224-7377) or visit CCHGroup.com/wtraem . A one-year single-user subscription is $2,249. The BNA Portfolios can be added onto this offer for $1,000.

About BNA®

BNA is a leading publisher of print and electronic news, analysis, and reference products, including the Tax Management Portfolios, Daily Tax Report, and Transfer Pricing Report. BNA publications intensely cover legal and regulatory developments for professionals in business and government. The oldest wholly employee-owned company in the United States, BNA produces more than 350 news and information services and is widely respected for comprehensive and objective reporting and analysis.

For more information, visit www.bna.com.

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.

-- ### --

nb-07-149