Thursday, May 29, 2003

Another ill-conceived set of tax refunds

1. Companies fraudulently overstate earnings
2. Companies pay tax on those fake earnings
3. Companies get caught, restate earnings
4. Companies want refunds of taxes paid on those earnings
5. Unbelievably, they get the refunds!

Firms Want Refunds Of Tax on Fake Profit (

No comments:

Post a Comment