SentinelOne Faces $44 Million Additional Tax Expense After Israeli Tax Agreement
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SentinelOne Inc. has reached an agreement with the Israeli Tax Authority to resolve transfer pricing issues related to its Israeli subsidiary, covering fiscal years 2021-2025. The company expects an additional $44 million tax expense for the fiscal year ending January 31, 2026, including $30 million from its acquisition of Prompt Security, Inc. Payments will be made in installments through 2030, with interest accruing at 7% per annum. The settlement includes provisions for accelerated payment in case of a change in control.
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