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Wolters Kluwer Purchases State Tax
Institute, Accounting Publications Will Become Part Of
(CHICAGO, April 21, 1999)
Wolters Kluwer U.S. (WKUS) said today that it has
acquired State Tax Institute (STI). A publisher of
newsletters and other products for tax professionals, STI
will become part of CCH INCORPORATED, Riverwoods, Ill., a
leading provider of tax and business law information.
Terms of the agreement were not disclosed.
STI's products include several popular
state tax related newsletters and ancillary products,
including Sales & Use Tax Alert, State
Income Tax Alert and Property Tax Alert. The
purchase allows CCH's Federal and State Tax Group to
expand further its extensive line of authoritative and
timely state tax information for accounting and legal
professionals. CCH currently offers more than 70 state
tax products via Internet, online, CD-ROM and print.
"The State Tax Institute
publications have a base of loyal subscribers who will
bring even greater breadth and depth to CCH's customer
base," said John Marozsan, president and CEO, CCH.
"The publications allow us to offer more timely
information in very dynamic areas of state taxation, such
as sales, use and property taxes. In addition, the
newsletters include analysis and tips from some of the
leading authorities in the field of state taxation,
providing a powerful complement to our state tax
Sales Tax Institute was created in 1991
specifically to develop and sell moderate-priced tax
materials to corporations and tax professionals.
Subscribers of its monthly and bimonthly newsletters
include corporate tax professionals, controllers and
accounts payable managers. Its editorial staff will
remain with CCH.
Wolters Kluwer U.S. is a unit of
Wolters Kluwer nv, Amsterdam. Its North American
operations include a number of highly respected companies
specializing in tax, legal and regulatory publishing,
services and software, including Aspen Publishers, CCH
Canadian, CCH INCORPORATED, CCH Tax Compliance and Legal
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