Reuters logo
BRIEF-Tyco says got notices of deficiency from IRS
July 1, 2013 / 9:36 PM / 4 years ago

BRIEF-Tyco says got notices of deficiency from IRS

July 1 (Reuters) - July 1 (Reuters) - Tyco International Ltd : * Got notices of deficiency from IRS asserting several of co’s former U.S. units owe additional taxes of $883.3 million plus penalties of $154 million * Says several of co’s former U.S. units owe penalties of $154 million based on audits of 1997 through 2000 tax years of co. * Under 2007 tax sharing agreement,covidien;TE Connectivity would share 42%,31%,respectively,of any tax liabilities due in respect of these matters * Source text () * Further company coverage

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below