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): June 27, 2005
MARRIOTT INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 1-13881 | 52-2055918 | ||
| (State of incorporation) | (Commission File No.) | (IRS Employer Identification No.) |
10400 Fernwood Road, Bethesda, Maryland 20817
(Address of principal executive offices, including Zip Code)
Registrant’s telephone number, including area code: (301) 380-3000
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:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
Marriott International, Inc. (“Marriott”) (NYSE:MAR) today issued a press release reporting that the Internal Revenue Service (“IRS”) National Office issued a Technical Advice Memorandum confirming that the synthetic fuel facilities owned by Marriott’s synthetic fuel ventures that had been the subject of a challenge by IRS field auditors meet the placed-in-service requirement under Section 29 of the Internal Revenue Code.
A copy of Marriott’s press release is attached as Exhibit 99 and incorporated by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits. The following exhibit is filed with this report:
99 Press release issued on June 27, 2005.
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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.
| MARRIOTT INTERNATIONAL, INC. | ||||
| Date: June 27, 2005 | By: | /s/ Carl T. Berquist | ||
| Carl T. Berquist | ||||
| Executive Vice President, Financial Information | ||||
| and Enterprise Risk Management | ||||
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EXHIBIT INDEX
| Exhibit No. |
Description | |
| 99 | Press release dated June 27, 2005, reporting that the Internal Revenue Service National Office issued a Technical Advice Memorandum confirming that the synthetic fuel facilities owned by Marriott’s synthetic fuel ventures meet the placed-in-service requirement under Section 29 of the Internal Revenue Code. |
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Exhibit 99
 |
Marriott International, Inc. Corporate Headquarters |
Marriott Drive Washington, D.C. 20058 |
NEWS
| CONTACT: | John Wolf | |
| Marriott International | ||
| (301) 380-5718 | ||
| john.wolf@marriott.com |
IRS CONFIRMS THAT MARRIOTT SYNTHETIC FUEL PLANTS MEET PLACED-IN-SERVICE REQUIREMENT
WASHINGTON, DC – June 27, 2005 – Marriott International (NYSE:MAR) announced today that the Internal Revenue Service (IRS) National Office issued a Technical Advice Memorandum confirming that the synthetic fuel facilities owned by Marriott’s synthetic fuel ventures that had been the subject of a challenge by IRS field auditors meet the placed-in-service requirement under Section 29 of the Internal Revenue Code. One of the conditions to qualify for tax credits under Section 29 is that the production facility must have been placed in service before July 1, 1998. Marriott has been informed by PacifiCorp Financial Services, which owned the synthetic fuel facilities during the periods under audit by the IRS and sold those facilities to Marriott in October 2001, that IRS field auditors have decided to close the audit without any disallowance of tax credits.
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading lodging company with more than 2,600 lodging properties in the United States and 65 other countries and territories. The company is headquartered in Washington, D.C. It is ranked as the lodging industry’s most admired company and one of the best places to work for by Fortune® magazine. In fiscal year 2004, Marriott International reported sales from continuing operations of $10 billion, and the company had approximately 133,000 employees at year-end 2004. For more information or reservations, please visit our web site at www.marriott.com.
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