September 16, 2009

TYCO INT’L: Appeal on US$1 Billion Tax Audit Adjustments Pending

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Tyco International Ltd. says its appeals on proposed tax audit adjustments totaling approximately US$1 billion relating to Tyco, Covidien and Tyco Electronics are still pending.

During the third quarter of 2007, the IRS concluded its field examination of certain of the…

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