In Germany, bribes to foreign officials are tax deductible. It may be immoral, but the fcpa hampers American businesses.https://twitter.com/NatashaBertrand/status/916416570460688385 …
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Molson Hart Retweeted Natasha Bertrand
In Germany, bribes to foreign officials are tax deductible. It may be immoral, but the fcpa hampers American businesses.https://twitter.com/NatashaBertrand/status/916416570460688385 …
Molson Hart added,
Let me make this clearer. For German companies, bribes to foreign officials out of Germany are tax deductible. The FCPA is uncompetitive.
You have any links/evidence? I mean it wouldn't be that surprising given how export driven German economy is.
It's really hard to google - hard to find an article distinguishing domestic vs foreign bribery in Germany...in English
In any case, seems much easier to do as a German, or perhaps better, French corporation than American. https://www.lexology.com/library/detail.aspx?g=557f70ab-7e83-44ed-995f-f0bf32033228 …
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