Kodak’s IRS settlement to boost Q4


23 November 2005 – Rochester (NY): Eastman Kodak has announced a settlement with the Internal Revenue Service that will lift its Q4 earnings by 80 to 90 cents a share.

The agreement concerns the audit of tax from 1993 to 1998 and will provide a boost to Q4 earnings of between $230 million and $260 million, the company said in a US Securities and Exchange Commission filing.


Kodak will also receive a refund of income taxes and interest of approximately $15 million to $25 million.