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TaxTalk Newsletter Aug / Sep 14
Bribery awareness - As New Zealand enterprises (both large and small) expand into emerging economies, it's important to recognise the increased risk of bribery and corruption when securing contracts and in general business dealings. Section DB 45 of the Income Tax Act 2007 prohibits deductions for bribes in most circumstances. The following 10-point checklist may help businesses review their exposure to bribery and ...