Thomson Reuters Enters Canadian Tax and Accounting Software Industry With Acquisition of Dr Tax Software Inc.

The Tax & Accounting business of Thomson Reuters has acquired Dr Tax

"Thomson Reuters has deep roots in Canada and decades of experience as a technology leader serving the tax and accounting profession. We're excited to enter the tax and accounting software market in Canada -- and we couldn't ask for a better partner than Dr Tax," said Jon Baron, president of the professional unit within the Tax & Accounting business of Thomson Reuters. "Dr Tax has nearly a quarter century of experience in the Canadian tax sector, excellent customer relationships, and popular, easy-to-use applications," Baron said. "Combining our strengths will bring real value to customers." Dr Tax is known in Canada for its DT MAX tax compliance software, used by more than 3,000 Canadian accounting firms, and for its UFile and ImpotExpert consumer software lines, which are sold online and through retail outlets. The company is headquartered in, and will continue to operate from, Montreal.