Corporate Tax Dodging Costs Billions, Hurting Society's Bottom Line
The article discusses how companies can manipulate their tax reporting to claim R&D credits that don't align with tax laws. This behavior leads to a loss of tax revenue for the government. The researchers found that there is a connection between high R&D spending and this type of dishonest tax reporting. They suggest ways to prevent companies from falsely claiming R&D credits to reduce tax evasion.