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I was shocked when I first learned that German companies, as late as 10 years ago or so, could deduct from taxes the foreign bribes they paid.
by joubert 16y ago
I was shocked when I first learned that German companies, as late as 10 years ago or so, could deduct from taxes the foreign bribes they paid.
- forinti 16y agoWhat kind of proof is necessary? I've never heard of receipts for bribes.
- Tichy 16y agoI was shocked when I heard that it became illegal. How is a country supposed to compete in foreign markets then? All it means is that now other countries and companies will do business in those countries where bribes are required. Also, I think bribes might still play a big role even in supposedly "civilized" countries. People just find other ways to bribe and make gifts.