13.08.2014 No tax deduction on confiscation of gains from corrupt deali ... The Supreme Tax Court has held that the prohibition on claiming a deduction for bribes also includes the legal costs of an unsuccessful defence as well as the court-ordered confiscation of the profits from the corrupt trading. A deduction for the confiscation would only be possible if the amount had not been calculated net of tax. Categories: Supreme Tax Court casesKeywords: corruption, corrupt trading, confiscatio ...
