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Symantec pays $1 billion in taxes

post #1 of 8
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Quote:
The U.S. Internal Revenue Service has hit Symantec Corp. with a $1 billion tax bill for allegedly under-reporting the value of intellectual property that the software vendor transferred to two Irish subsidiaries.
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post #2 of 8
lol thats what u get for reporting false info, then Uncle Sam gonna come and raid your house, in this case raid your wallet
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post #3 of 8
What's up with Corporate anyone these days? Can't anyone be honest?
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post #4 of 8
Well in these times, everyone with power is selfish and greedy.
    
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post #5 of 8
It's all about wallstreet. If they can smudge their numbers to meet/exceed expectations then their stock will rise. If they aren't meeting these predictions then the stock will plunge. Not good for current investors or if the company wants to do another offering of their stock. Vicious cycle.
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post #6 of 8
Quote:
Originally Posted by Burn
What's up with Corporate anyone these days? Can't anyone be honest?
It's the politicians fault, damn their poor influence
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post #7 of 8
Lol,


I don't know what you guys are talking about, Industries and Corporations have been lying ans scamming everyone for hundreds of years... It's all greed...
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post #8 of 8
Most companies get Punished these days for Miscalculations or Simply lying they need to get to grips with things.
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