Swiss companies will no longer be able to deduct bribes paid to private individuals from their taxes, Switzerland’s government said Wednesday, according to an update of tax laws due to take effect
The feds fined nutritional supplement maker Herbalife about $123 million for running a decade-long bribery scheme to boost its business in China, officials said Friday. The penalties from two federal agencies were just the latest legal entanglements for Herbalife, which in recent years has seen two former Chinese executives indicted and fought allegations that it …
Swiss companies will no longer be able to deduct bribes paid to private individuals from their taxes, Switzerland’s government said Wednesday, according to an update of tax laws due to take effect
