ADSK » Topics » Income Taxes

This excerpt taken from the ADSK 10-Q filed Jun 4, 2007.

Income Taxes

In the fourth quarter of fiscal 2007, in response to the conclusion of a review by the Internal Revenue Service of the Company’s request for refund, the Company recognized an $8.9 million tax benefit for the reversal of previously accrued income taxes for the years in question. Since the review was concluded subsequent to the period ended July 31, 2006, but prior to the filing of the Company’s Form 10-Q for the period then ended, the Company reflected this item as a subsequent event and recorded the tax benefit in the second quarter of fiscal 2007.

This excerpt taken from the ADSK 10-Q filed Jun 4, 2007.

Income Taxes

In the fourth quarter of fiscal 2007, in response to the conclusion of a review by the Internal Revenue Service of the Company’s request for refund, the Company recognized an $8.9 million tax benefit for the reversal of previously accrued income taxes for the years in question. Since the review was concluded subsequent to the period ended October 31, 2006, but prior to the filing of the Company’s Form 10-Q for the period then ended, the Company reflected this item as a subsequent event and recorded the tax benefit in the second quarter of fiscal 2007.

EXCERPTS ON THIS PAGE:

10-Q
Jun 4, 2007
10-Q
Jun 4, 2007
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