Delaware | 98-0181725 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
As previously disclosed in the Company's periodic disclosure reports filed with the U.S. Securities and Exchange Commission, the Company has been in ongoing discussions with HMRC with regard to resolving certain disagreements pertaining to the Company's position on certain transfer pricing policies and other UK tax positions. The Agreement finalizes all but one outstanding issue between the Company and HMRC, which is the subject of ongoing discussions.
In addition, the Company is continuing discussions with HMRC with regard to possible UK tax implications of any potential settlement arising from the Oil for Food and related Foreign Corrupt Practices Act investigations which the Company has previously disclosed in its periodic disclosure reports. The eventual outcome of these matters and any UK tax implications, along with the outstanding issue mentioned above, is uncertain and may have a favorable or adverse material impact on the Company's results of operations, financial position and cash flows.
INNOSPEC INC. | ||||||||
Date: January 14, 2010 | By: | /s/ Andrew Hartley | ||||||
Andrew Hartley | ||||||||
Vice President & General Counsel | ||||||||