If you receive a bribe, include it in your income

(irs.gov)

7 points | by m-hodges 13 hours ago ago

5 comments

  • turtleyacht 13 hours ago ago
    • m-hodges 13 hours ago ago

      Thanks; I think it got stripped off when I posted?

  • ggm 13 hours ago ago

    If memory serves me right, the French tax collection process tried to include declarations for immoral earnings, some decades ago. I'm not sure how well it went.

  • chasing0entropy 12 hours ago ago

    Cool story: despite obvious racketeering, murder, assault, bribery, corruption, and trafficking associations, what ultimately got capone was the IRS.

    • throw310822 12 hours ago ago

      Not unrelated: I guess the obligation to declare bribes as income allows the IRS to investigate you for tax evasion if they suspect you're receiving (obviously undeclared) bribes.