The Tax & Accounting business of Thomson Reuters has released its latest version of the Sabrix Application Suite, the company’s on-premise, global transaction tax solution that seamlessly connects to all financial applications required for the determination, calculation, and recording of transaction taxes.

The latest version responds to market demand for more flexibility to support global businesses including emerging country taxation in Brazil, part of the BRIC countries (Brazil, Russia, India, and China), the world’s fastest growing and potentially largest economies.