Revenue from SurePrep and Audit, along with its Latin American businesses, were listed as key contributors to the performance of Thomason Reuters Tax & Accounting for the second quarter ended June 30.Tax & Accounting revenue for the most recently ended period was $250 million, an increase of 9 percent from $229 million a year ago, up 12 percent in constant currency and 10 percent organically.
Revenue for the Corporates business rose 13 percent to $442 million, from $392 million in last year’s corresponding period. The increase was 13 percent in constant currency and 8 percent organically. The results reflect the impact of the acquisition of Pagero. Practical Law, Indirect Tax and Clear were also important in the revenue growth for the segment.
Thomson’s total revenue reached $1.74 billion, rising 6 percent from $1.65 billion a year ago.
