Thomson Reuters has acquired the tax software business of Mumbai based Fast Facts, a leading tax software provider on a slum sale basis..The Mumbai office of Trilegal advised Thomson Reuters with a team led by Partner Amit Tambe along with Senior Associate Kunal Chandra and Associates Devashree Shah and Arjun Sharma..According to VCCircle, Thomson Reuters plans to invest further in the development of Fast Facts’ tax products and integrate them into its current tax and accounting product offerings..Founded 25 years ago, Fast Facts develops and markets financial and tax related software products. Its software serves the requirement of complete tax deducted at source (TDS) management, integration with accounting and enterprise resource planning system, to keep pace with changing legal requirements, to maintain payroll process, creating quarterly e-TDS statements and correction statements etc..Fast Facts serves approximately 10,000 professionals and small firms besides the big four accounting firms, banks and MNCs.
Thomson Reuters has acquired the tax software business of Mumbai based Fast Facts, a leading tax software provider on a slum sale basis..The Mumbai office of Trilegal advised Thomson Reuters with a team led by Partner Amit Tambe along with Senior Associate Kunal Chandra and Associates Devashree Shah and Arjun Sharma..According to VCCircle, Thomson Reuters plans to invest further in the development of Fast Facts’ tax products and integrate them into its current tax and accounting product offerings..Founded 25 years ago, Fast Facts develops and markets financial and tax related software products. Its software serves the requirement of complete tax deducted at source (TDS) management, integration with accounting and enterprise resource planning system, to keep pace with changing legal requirements, to maintain payroll process, creating quarterly e-TDS statements and correction statements etc..Fast Facts serves approximately 10,000 professionals and small firms besides the big four accounting firms, banks and MNCs.
