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CTP · Question #471
(Topic 5) "Fees" in Country Y, which would be considered bribes in the United States, are ingrained in the commercial culture. A U.S. company doing business in Country Y:
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Question
- (Topic 5)
"Fees" in Country Y, which would be considered bribes in the United States, are ingrained in the commercial culture. A U.S. company doing business in Country Y:
Options
- Amay have moral but not legal issues with paying "fees" in Country Y.
- Bis prohibited by U.S. law from paying "fees" in Country Y.
- Cmay receive an IRS tax credit for "fees" paid in Country Y.
- Dmay pay the "fee" in Country Y but cannot take an IRS tax deduction.
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