-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GOPoAW9MaQgx+goXEOS987ud5VlG+hAnneA1hhQgbhlfhzi0vNNL3Frc5k8t531V Y3qYP0jWCXHEfQInUbECrw== 0000950135-03-000072.txt : 20030107 0000950135-03-000072.hdr.sgml : 20030107 20030107091406 ACCESSION NUMBER: 0000950135-03-000072 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021224 ITEM INFORMATION: Other events FILED AS OF DATE: 20030107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NASHUA CORP CENTRAL INDEX KEY: 0000069680 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 020170100 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05492 FILM NUMBER: 03505873 BUSINESS ADDRESS: STREET 1: SECOND FL STREET 2: 11 TRAFALGAR SQ CITY: NASHUA STATE: NH ZIP: 03063 BUSINESS PHONE: 6038802323 MAIL ADDRESS: STREET 1: SECOND FL STREET 2: 11 TRAFALGAR SQ CITY: NASHUA STATE: NH ZIP: 03063 8-K 1 b45144nce8vk.txt NASHUA CORPORATION 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 24, 2002 Nashua Corporation ------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Massachusetts 1-5492-1 02-0170100 - ---------------------------- ------------------------ ------------------- (State or Other Jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) Identification No.) 11 Trafalgar Square, Second Floor, Nashua, NH 03063 - --------------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) 603-880-2323 ------------------------------------------------------------------- (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS. On October 21, 2002, Nashua Corporation (the "Company") filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") reporting that the Company had reached an agreement with the Appeals Office of the United States Internal Revenue Service ("IRS Appeals Office") regarding an outstanding proposed assessment of federal income tax for the years 1992 to 1994 and that the agreement was subject to final review by the Joint Committee on Taxation of the United States Congress. The Company has received a letter, dated December 24, 2002, from the IRS Appeals Office indicating that the Joint Committee on Taxation has taken no exception to the conclusions reached by the IRS Appeals Office in the agreement settling the Company's federal income tax liability for the years 1989 through 1994. Accordingly, the agreement with the IRS Appeals Office is now final. As previously disclosed in the Company's periodic reports filed with the SEC, the Internal Revenue Service completed, in December 1998, an examination of the Company's corporate income tax returns for the years 1992 through 1994 and issued a Notice of Proposed Adjustment that assessed additional tax of $4.6 million, excluding interest. The proposed adjustments related to the deductibility of restructuring and other reserves applicable to discontinued operations as well as certain losses deducted in connection with the divestiture of the Company's Computer Products Division. The Company appealed the proposed adjustments to the IRS Appeals Office on January 12, 1999. The agreement with the IRS Appeals Office determines the Company's tax liability for the years 1989 through 1994 and will result in a net tax refund in the amount of $331,000 for that period. While the original adjustments proposed by the Internal Revenue Service were for the years 1992 through 1994, the agreement impacts the years 1989 through 1994 due to the carryback of tax losses and credits and the recomputation of alternative minimum taxes. The agreement is reflected in a final Internal Revenue Service Form 870-AD, which the Company executed on October 10, 2002. 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. Date: January 7, 2003 NASHUA CORPORATION By: /s/John L. Patenaude -------------------------------- Name: John L. Patenaude Title: Vice President - Finance, Chief Financial Officer and Treasurer -----END PRIVACY-ENHANCED MESSAGE-----