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Income Taxes
3 Months Ended
Apr. 04, 2015
Income Taxes  
Income Taxes

 

Note 4 – Income Taxes

 

Seaboard’s tax returns are regularly audited by federal, state and foreign tax authorities, which may result in material adjustments.  Seaboard’s U.S. federal income tax years’ are closed through 2009. The Internal Revenue Service (IRS) examination of Seaboard’s 2010 U.S. income tax return has been finalized.  There have not been any material changes in unrecognized income tax benefits since December 31, 2014.  Interest related to unrecognized tax benefits and penalties was not material for the three months ended April 4, 2015.