Thomson Reuters has launched ONESOURCE Sales and Use Tax AI, a software tool aimed at automating key elements of sales and use tax compliance for corporations and accounting practices in the US.
The company said the system is intended to reclaim time for tax teams, reduce audit risk, shorten internal compliance cycles and deliver immediate efficiency gains.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Thomson Reuters Corporate Tax and Trade product head Ray Grove said: “This isn’t just automation; it is a fundamental reimagining of the tax function, freeing professionals to drive strategic business advantage.”
Built on CoCounsel, the application supports Thomson Reuters’ Touchless Compliance vision, in which agentic AI manages data import, validation and tax return mapping. It also creates complete audit trails to document and explain each automated decision, supporting responses to auditor queries.
According to the company, tax professionals retain “crucial oversight” through final review and approval, while reduced manual intervention is expected to free staff to focus on higher-value work.
Thomson Reuters stated that the tool supports compliance across more than 19,000 US jurisdictions, with the aim of enabling accurate, on-time sales and use tax returns.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIt provides access to more than 1,200 US state, county and city signature-ready official returns. It also supports electronic filing directly from the platform in 33 US states and Canada, instead of separate manual submissions.
Delivered as a cloud-based service, ONESOURCE Sales and Use Tax AI features automatic monthly content updates so that users work with the latest forms and tax rates.
Thomson Reuters said the product is intended for corporate tax departments of all sizes and integrates with its wider indirect tax portfolio.
The tool forms part of ONESOURCE+, which the company describes as an intelligent compliance network linking tax, trade, legal and risk functions.
ONESOURCE Sales and Use Tax AI is now available to US corporations and accounting practices with sales and use tax obligations.
