WEIRD NEWS
09/04/2012 10:29 am ET

Bribes Aren't Tax Deductible, Russia Officials Decree

Sorry, shady Russian arms dealers: Bribes may be the cost of doing business in some parts of the world, but they aren't actually a legitimate business expense.

You might think that would go without saying, but apparently it doesn't, because Russia's Foreign Ministry has released a statement telling officials that "expenses incurred while committing legal violations, including bribes or kickbacks, are not recognized for the purposes of tax assessment."

Read more on Newser.com

Subscribe to the Weird News email.
Truth is stranger than fiction. Step into the world of weird news.

CONVERSATIONS