Symantec ＄１B Back-tax
I.R.S. Says Symantec Owes
Symantec, which makes computer security software, said yesterday that the Internal Revenue Service claimed that the company owed $900 million in back taxes as a result of its recent acquisition of Veritas Software.
Symantec, which is based in Cupertino, Calif., said it would protest the assessment. Symantec said the I.R.S. claimed it owed additional taxes, plus interest and penalties, for the 2000 and 2001 tax years based on an audit of Veritas.
Symantec's shares have tumbled in recent months on investor concern over executive departures and questions over the Veritas deal.
The company's shares have dropped almost 30 percent since it closed its $10.25 billion acquisition of Veritas in July. <<（By Reuters）
Veritaｓ社を吸収合併する前に、どの程度Veritas社について調べたのでしょうか。Veritas社の税務はBig 4が担当していたのかどうかも気になります。
- Veritas plans to hand SEC $30m to end accounting saga
Veritas plans to hand SEC $30m to end accounting saga • The Register
２００５年５月９日の記事ですが、Symantecに吸収される前から会計面で問題があったようですね。
Veritas expects US regulators to hit it with a $30m charge to settle up a long-term investigation into the company's accounting practices.
SOX法遵守でも問題があったようです。
