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Veritas.com
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The IRS Hits Symantec with a $1 Billion Tax Bill

Interactive_Inf
Level 3

‎04-19-2006 06:10 AM

"Macworld is reporting that the IRS has charged Symantec Corporation with about a 900 million dollar tax bill due to the charge that Symantec and Veritas (purchased by Symantec last year) under-reported the value of intellectual property which they had transferred to their two Irish subsidiaries. Another $100 million is connected to Symantec's 2003 and 2004 reports."

Does this mean the price of "Service Contracts" is going to go up???
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1 REPLY 1

priya_khire
Level 6

‎04-21-2006 03:58 AM

Hello,

This forum is meant for technical queries related to Backup Exec only. If you have any questions related to prices and purchasing, we suggest you to contact our sales team:

http://www.symantec.com/corporate/corpdir.html

Note : If we do not receive your reply within two business days, this post would be marked �assumed answered� and would be moved to �answered questions� pool.

Regards.