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Symantec sticks Microsoft with law suit...

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Symantec sticks Microsoft with law suit...

Trying to halt Vista...

http://www.pcworld.com/news/article/0,aid,125775,00.asp#
from WinCustomize Forums
An aritcle on www.pcworld.com talks about Symantec suing Mircosoft to stop development of Vista...
microsoft
12,463 views 59 replies
Reply #51 from WinCustomize Forums Top
Symantec faces $1 billion tax demand



Thursday June 29, 12:41 PM EDT


NEW YORK (Reuters) - Symantec Corp. (SYMC) said on Thursday it filed a petition with the U.S. Tax Court over an IRS demand that the security software maker pay $1.06 billion in back taxes and penalties related to its affiliate.

The Internal Revenue Service is seeking about $758 million in back taxes owed by Veritas Software Corp., which Symantec acquired in 2005, and $303 million in penalties, according to the petition filed on Monday.

"We believe we have done everything to cooperate with the IRS to resolve this issue in good faith and we will continue to make efforts to resolve our disputes on an acceptable basis," Symantec said in a statement.

"We do not agree with the IRS position and will work with the courts to seek a definitive resolution."

The company said the dispute is over the formula for calculating "transfer pricing," which determines how companies set prices, fees and cost-allocation arrangements between their operations in different jurisdictions.

The IRS said Veritas and its Irish subsidiary did not properly allocate their respective incomes, according to Symantec's petition.

Symantec shares were up 13 cents, or 0.85 percent, at $15.36 in midday trading on the Nasdaq. The news was first reported in the Wall Street Journal.

On June 9, Symantec said it had reached an agreement with the IRS to settle an outstanding tax claim for $36 million over the audit of its 2003 and 2004 fiscal years.

This is more proof that they not only screw us, they screw the Government as well.

Get 'em Uncle Sam!!!!


Speedy
Reply #52 from WinCustomize Forums Top

They got Al Capone on tax evasion.....

Symantec is also 'da mob'?....

Elemental: Reforged
Reply #53 from WinCustomize Forums Top
Symantec is also 'da mob'?


Yep....they got thugs in da proggies that'll machine gun yer puter - break yer BITS if ya don't stick with da 'protection racket'.
Reply #54 from WinCustomize Forums Top
well frankly i use symantec and honestly i have no problems with it plus not to mention it saved my arse a few hundred times
Reply #55 from WinCustomize Forums Top

Someone should sue Symantec for making such terrible software.




agreed..............ugh.
Reply #56 from WinCustomize Forums Top
symantec should put more effort into producing useable software that doesn't wreck computers. nuff said
Reply #57 from WinCustomize Forums Top

Someone should sue Symantec for making such terrible software.




You beat me to it. I was just going to say: They should fix their own products before going after someone elses.
Reply #58 from WinCustomize Forums Top

To be fair, clearly there are people out there that are totally happy with Symantec and their products......


There are also Martians....


Fairies....


Good dietary reasons NOT to nuke Macdonalds.....




Correct i am happy with norton products since they were all made by someone else
ghost 2003
partition magic
As for macdonalds i'd prefer mine in a can just heat n eat
Reply #59 from WinCustomize Forums Top
Wow now thats blast from past. I guess that company failed to block vista.