By: Mr. President Dr. Steve Elvis America
Is there a word for a crime where even with a certainty of getting caught and brought to justice, the criminal is guarenteed a net profit once justice is deducted from non-confiscated revenues? More...
View ArticleBy: elpapacito
facilitation payment It's not torture, it's high pressure interrogation !
View ArticleBy: -harlequin-
Why do people seem to be concluding that the payments shouldn't have been deductible? I'm sure they are deductable. The neat part is that they were also found to be illegal, by Royal Commission. Is...
View ArticleBy: tellurian
"Commonwealth law finds that a bribe is a payment to encourage an overseas official to do something illegal, while a facilitation payment is a modest payment to make something that would lawfully...
View ArticleBy: -harlequin-
Haha, this is awesome. A magnificent portrait of immense corruption of one sphere in direct competition (and confrontation) with the immense corruption of another sphere. Corruption is such a...
View ArticleBy: Mr. President Dr. Steve Elvis America
Why do people seem to be concluding that the payments shouldn't have been deductible? I'm not an Australian tax expert, so I don't know, but I don't think anyone here is.
View ArticleBy: Jimbob
My theory: Doing the AWB any more damage than has already been done will tear the National Party a new arsehole in the polls. And the coalition can't afford that. So some friendly tax official has...
View ArticleBy: carsonb
Alright, done reading your links—that was quick. Sorry, mattoxic, but that's a pretty weak collection of links. Odd news, to be sure, but...so what? They got away with it, and with a pat on the back?...
View ArticleBy: j-urb
"this company was doing all it could to prop up Sadam's regime." And rightfully so. That was the US government's policy up until the first Gulf War. Good thing Iraq looks so much better now. . .
View ArticleAWB's Sweet little earner
Make that bribe a tax deduction The Australian Wheat Board (AWB) [previously] has been found by to have breached UN sanctions on Iraq by paying the former regime almost three hundred million Australian...
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