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For the corporation, it depends on the fine. Normally they cannot write off fines but apparently it does happen if it is not considered an official penalty or
by mrep 5y ago
For the corporation, it depends on the fine. Normally they cannot write off fines but apparently it does happen if it is not considered an official penalty or fine: https://www.pbs.org/wgbh/frontline/article/how-80-billion-in-coporate-fines-can-become-48-billion-in-tax-breaks/ https://www.pbs.org/wgbh/frontline/article/how-80-billion-in...
- CoastalCoder 5y agoSo it's a "donation" to avoid legal trouble. I'm not a lawyer, but that certainly stinks like bribery (or perhaps extortion) to me.