Monday 18th November 2024
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Switzerland: Proposed Swiss Bribery Law Preserves Tax Break for Illegal Profits

Stricter graft guidelines that Switzerland plans to vote into law will bar companies from deducting bribes and fines from their taxes, but still let them write off illegally gained profits seized by regulators. Switzerland’s federal cabinet approved a new graft bill on Wednesday that would end the tax break for bribes, a reform it decided […]

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