The U.S. Internal Revenue Service is asking Symantec to pay $900 million in back taxes from last year's $10.25 billion acquisition of storage software vendor Veritas, the Cupertino, Calif.-based vendor revealed today. Symantec also said the IRS is seeking approximately $100 million, excluding penalties and interest, from an unrelated audit of the vendor for fiscal years 2003 and 2004. Symantec, which plans to contest the claims, said that it "strongly believes the IRS positions with regard to these matters are inconsistent with applicable tax laws and existing Treasury regulations." It views its previously reported income-tax provision for the years in question as "appropriate," the company added.

I've found Norton Security and Norton Antivirus to cause a lot of problems for people. Especially when they introduce a new update, it's almost guaranteed something will screw up. Best to stay away from Norton if you have the option.

AVG free rocks :)

Awesome!

My refund check is going to be $900. Glad to know symantec might have to PAY a million times that to the IRS. Serves em right though, their karma has to be in the toilette for all the crappy software and shady licensing they pawn on everybody.

Anybody like NAV? I hope not.