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Another Ill Conceived Set Of Tax Refunds

1 min read

funds

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 (TechNews.com)

Originally published on by Jason Axley