05.10.12 | Articles
Will FCPA Investigations Lead to Tax Charges?
New York Law Journal
As the recent publicity surrounding the Wal-Mart investigation has demonstrated, the Foreign Corrupt Practices Act is a major law enforcement priority. This article discusses the tax implications of payments made to foreign officials. While there is a risk that such payments may give rise to criminal tax charges, counsel should not assume that all such payments are not deductible.
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