Corporate Fines Are Nothing More Than Tax Deductions


nytimeslogo

In yet another sign that applying monetary fines to corporations is nothing more than adding a “cost of doing business,” The New York Times reported Saturday that corporations routinely, not only pass on the cost of heavy regulatory fines to their shareholders and to consumers, they also write off the fines as corporate tax deductions.

http://www.nytimes.com/2013/01/13/business/paying-the-price-in-settlements-but-often-deducting-it.html

Tags: , , , , , , , , , , , , , , , , , , , , ,

Comments are closed.

%d bloggers like this: