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Edwards Lifesciences10-Q: Litigation material

Contesting $269.3M IRS tax deficiency for 2015-2017 via judicial process

What happened

After failing to resolve a transfer pricing dispute with the IRS Independent Office of Appeals, the company is now pursuing litigation to contest a $269.3 million tax deficiency. The company has already made cash deposits of $380.1 million to the IRS to stop the accrual of interest during the legal battle.

Source

SEC EDGARMay 6, 2026

Quarterly report (Form 10-Q)

Edwards Lifesciences 10-Q

Filing excerpt

During the fourth quarter of 2023, Appeals issued a notice of deficiency (“NOD”) increasing our 2015 through 2017 United States federal income tax in amounts resulting from the income adjustments previously reflected in the NOPA. The additional tax sought in excess of our filing position is $269.3 million before consideration of interest and a repatriation tax offset.

sec.gov/Archives/edgar/data/1099800/000109980026000026/ew-20260331.htmRead the full source

Other signals in this filing (7)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Litigation material

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 6, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$269M (Additional tax sought by IRS for 2015-2017 tax years)

Details

CIK
1099800
Accession number
0001099800-26-000026
Filing year
2026
Fiscal year
0
Why it matters
Legal tech opportunity
Signal category
Risk

Topics and mentions

Regions named

  • United States

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
litigationMaterial

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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/1df19bd5-b479-426c-942d-2c24e051f52e returns this record as JSON. POST /v1/companies/enrich returns every signal for edwards.com.

{
  "signal_id": "1df19bd5-b479-426c-942d-2c24e051f52e",
  "signal_type": "sec-10q",
  "signal_subtype": "litigationMaterial",
  "detected_at": "2026-05-12T09:24:58.255+00:00",
  "company": {
    "name": "Edwards Lifesciences",
    "domain": "edwards.com"
  },
  "data": {
    "detail": "After failing to resolve a transfer pricing dispute with the IRS Independent Office of Appeals, the company is now pursuing litigation to contest a $269.3 million tax deficiency. The company has already made cash deposits of $380.1 million to the IRS to stop the accrual of interest during the legal battle.",
    "metrics": {
      "dollar_context": "Additional tax sought by IRS for 2015-2017 tax years",
      "dollar_millions": 269.3
    },
    "summary": "Contesting $269.3M IRS tax deficiency for 2015-2017 via judicial process",
    "excerpts": "During the fourth quarter of 2023, Appeals issued a notice of deficiency (“NOD”) increasing our 2015 through 2017 United States federal income tax in amounts resulting from the income adjustments previously reflected in the NOPA. The additional tax sought in excess of our filing position is $269.3 million before consideration of interest and a repatriation tax offset.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1099800/000109980026000026/ew-20260331.htm",
    "filing_date": "2026-05-06",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Legal tech opportunity",
    "signal_category": "risk",
    "regions_mentioned": [
      "United States"
    ]
  }
}

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