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Thomson Reuters has splashed out $600 million on a company specializing in tax automation software.

Based in Michigan and with a headcount of 235, SafeSend was founded in 2008.

making tax digital

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Under its new leadership, Thomson Reuters predicts 25% annual growth for SafeSend in the next few years.

SafeSend co-founder Andrew Hatfield added: We are both excited to be continuing our journey with Thomson Reuters.

His comment indicates that the company could continue to operate normally under its new Thomson Reuters ownership.

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