8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 14, 2009

Symantec Corporation

(Exact Name of Registrant as Specified in Charter)

Delaware	000-17781	77-0181864
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

20330 Stevens Creek Blvd., Cupertino, CA	95014
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s Telephone Number, Including Area Code  (650) 527-8000

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

On December 14, 2009, Symantec Corporation (the “Company”) issued a press release entitled “U.S. Tax Court Rules in Favor of Symantec.” A copy of the press release is filed as Exhibit 99.01 to this Current Report and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit Number		Exhibit Title or Description
	99.01	Press release issued by Symantec Corporation, dated December 14, 2009

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Symantec Corporation
Date: December 15, 2009	By:	/s/ Scott C. Taylor
		Scott C. Taylor
		Executive Vice President, General Counsel and Secretary

Exhibit Index

Exhibit Number		Exhibit Title or Description
	99.01	Press release issued by Symantec Corporation, dated December 14, 2009

EX-99.1

Exhibit 99.1

News Release

FOR IMMEDIATE RELEASE

CONTACT:
Melissa Martin	Helyn Corcos
Symantec Corp.	Symantec Corp.
650-527-5525	650-527-5523
Melissa_martin@symantec.com	hcorcos@symantec.com

U.S. Tax Court Rules in Favor of Symantec

MOUNTAIN VIEW, Calif. — December 14, 2009 — Symantec Corp. (Nasdaq:SYMC) today announced that the U.S. Tax Court issued its ruling in favor of the company regarding the Veritas Software tax assessment for 2000 and 2001. While the U.S. Tax Court agreed with the company’s transfer pricing valuation methodology, the ruling made some adjustments in the application of the methodology and provided guidance as to how the resulting incremental Veritas tax liability should be computed.

Although Symantec is still evaluating the ruling, the company believes its previous accounting accrual related to this matter exceeds the estimated assessment of incremental tax. As such, Symantec expects to realize a one-time GAAP benefit to net income and earnings per share in the December 2009 quarter. Symantec expects to exclude a substantial portion of the one-time benefit from its non-GAAP results. Symantec does not expect to make any additional cash payments to the Internal Revenue Service (IRS) relating to this matter.

The incremental tax liability will be finalized through the remaining court proceedings, which could take up to a year to complete.

Symantec disclosed on April 17, 2006, that the company received a Notice of Deficiency from the IRS claiming the company owed additional taxes, plus interest and penalties, primarily relating to transfer pricing in connection with a technology license agreement between Veritas and its foreign subsidiaries in Ireland.

About Symantec

Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at www.symantec.com.

###

NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please visit the Symantec News Room at http://www.symantec.com/news. All prices noted are in U.S. dollars and are valid only in the United States.

U.S. Tax Court Rules in Favor of Symantec
Page 2 of 2

Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

FORWARD-LOOKING STATEMENTS: This press release contains statements regarding our financial results, which may be considered forward-looking within the meaning of the U.S. federal securities laws, including projections of a benefit to our financial results and payments to the IRS as a result of the Tax Court case. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied in this press release. Such risk factors include those related to the finalization of our analysis of the Tax Court case as well as the Tax Court’s final determination as to damages in the case. Actual results may differ materially from those contained in the forward-looking statements in this press release. We assume no obligation, and do not intend, to update these forward-looking statements as a result of future events or developments. Additional information concerning these and other risks factors is contained in the Risk Factors sections of our Form 10-K for the year ended April 3, 2009.