Abstract
Most commentary on these congressional attempts to use tax laws to control the ethics of overseas enterprises has centered either on the effectiveness of these provisions or on the burdens and difficulties involved with their implementation. This article, while discussing these issues, is concerned primarily with the conceptual justifications and the direct economic effects of these tax provisions. The article contends that section 162(c)(1) and the pertinent provisions of the Tax Reform Act of 1976 are disguised penalties which often operate arbitrarily and unfairly and concludes that they should be repealed in favor of more equitable and effective deterrents.
Recommended Citation
Christopher A. Lewis,
Penalizing Bribery of Foreign Officials Through The Tax Laws: A Case for Repealing Section 162 (c)(1),
11
U. Mich. J. L. Reform
73
(1977).
Available at:
https://repository.law.umich.edu/mjlr/vol11/iss1/5