Violation Tracker Individual Record

Company: 
Hercules Incorporated
Current Parent Company: 
Ashland Global Holdings
Penalty: 
$36,000,000
Year: 
2004
Date: 
December 16, 2004
Offense Group: 
financial offenses
Primary Offense: 
tax violations
Violation Description: 

The Internal Revenue Service resolved a pending dispute with Hercules Incorporated over a listed tax shelter transaction.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Internal Revenue Service
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Delaware
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.