Tax Litigation IssuesJeremy H. Temkin, New York Law Journal
Bribery vs. Extortion: The Deductibility of Illegal Payments
In his Tax Litigation Issues column, Jeremy H. Temkin writes: The line between legitimate business expenses and commercial bribery can be a fine one, and while businessmen who are prosecuted for having crossed that line are rightfully most concerned with the loss of liberty and stigma associated with a criminal conviction, lawyers and accountants representing them need to be mindful of the tax consequences of their clients' conduct.
This premium content is reserved for New York Law Journal subscribers.
Continue reading by getting started with a subscription.
Already a subscriber? Log in now