secwatch.observer — SEC 8-K summary
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Issuer:     TELEDYNE TECHNOLOGIES INC (TDY)
CIK:        0001094285
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0001094285-22-000003
Event type: litigation
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Teledyne's FLIR unit loses Swedish tax appeal; $303M payment expected Q1 2022
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- Swedish Administrative Court of Appeal affirms SEK 2.8 billion ($303M) tax assessment on FLIR subsidiary.
- Teledyne will not appeal; expects to pay the tax, penalties and interest in Q1 2022.
- Liability for the uncertain tax position was previously recorded after due diligence.
- Teledyne states it continues to support its businesses and over 500 personnel in Sweden.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1094285/000109428522000003/0001094285-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1094285/000109428522000003/tdy-20220126.htm
  HTML page:      https://secwatch.observer/filing/0001094285-22-000003

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