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19 Jul 07 ATO guide on bribes and facilitation payments

The ATO has released a guide on taxpayers' obligations in relation to bribes and facilitation payments. The document's aim is to assist companies understand relevant Australian tax law relating to bribes and facilitation payments, encourage companies to implement appropriate assurance processes to minimise their risk of offending and draw attention to the Tax Office's compliance activities in this area.

For a copy of the ATO's guide, go here

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