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12.14.2009 - U.S. Tax Court Rules in Favor of Symantec

View Symantec related news. MOUNTAIN VIEW, Calif. – December 14, 2009 – Symantec Corp. (Nasdaq:SYMC) today announced that the U.S. Tax Court issued its ruling in favor of the company regarding the Veritas Software tax assessment for 2000 and 2001. While the U.S. Tax Court agreed with the company’s transfer pricing valuation methodology, the ruling made some adjustments in the application of the methodology and provided guidance as to how the resulting incremental Veritas tax liability should be computed.

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NID: 31675 / Submitted by: TACKtech Team
Categories: Press Release
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