Tax Treatment of Bribes
Corruption threatens good governance, sustainable development, democratic process, and fair business practices. The OECD is a global leader in the fight against corruption, taking a multidisciplinary approach to combating corruption in business via the OECD Anti-Bribery Convention. The existence of legislation denying the tax deductibility of bribes is a strong deterrent to bribery of foreign public officials and tax offcials can have a role to play in the detection of bribes. The OECD has therefore been working since 1994 to counteract bribery from a tax perspective (see 1996 Recommendation). What's new
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Bribery Awareness Handbook
The handbook provides tax examiners with information on the various bribery techniques used and the tools to detect and identify bribes. Bribery Awareness Handbook for Tax Examiners |