Sign up for our newsletter - Navigating the horizon of business technology​
Technology / AI and automation

COMDISCO TO SETTLE INTERNAL REVENUE SERVICE INCOME TAX AUDIT

US computer leasing giant Comdisco Inc has paid over $49.6m to Uncle Sam and will have to find an additional $15.5m interest for which it says it has adequate reserves – to settle an Internal Revenue Service income tax audit for 1983 and 1984, but looks to recover the sum paid with interest over three years through tax carry-backs.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.