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BRIBERY And CORRUPTION In Russia. A role of the national legislation

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    you are: BRIBERY And CORRUPTION In Russia

    The role plays the national legislation. In the American practice there are two laws, forbidding using bribes:

    1) about payoff of civil servants and witnesses;

    2) about corruption practice abroad.

    Maintenance of reasonable guarantees that transaction is properly executed and written down.

    Besides, were messages on additional measures against doubtful foreign payments (questinable foreign payments), including under the law on tax reform of 1976 the sums paid to foreign officials by the American corporations abroad, have ceased to be excluded from the sums which are subject to the taxation. then the law on the help with a view of the international safety and under the control over weapon export has put under the control payment of compensations to agents in connection with foreign military sales, and also has obliged to report about the payments made with a view of maintenance of sales of subjects of arms abroad.

    Corruption Practice some other laws of the USA concern also. The law on securities of 1934 in section 13 (a) and 14 (with additions of 1970 (about the persons operating by proxy) prohibits any payments in a confidential order. directly about bribes here it is told nothing, but any uncontrolled order corporation funds is considered gross infringement. Disclosing of such information Is required to shareholders for it is a question finally of their dividends. Because of unwillingness to tell about payoffs as ' usual ' a method of business management of firm concealed the information on bribes, including from auditor check. Accordingly, for example, the district court of federal district of Columbia had to accept in due time to consideration of the complaint of the Commission on securities and a stock exchange about the infringements admitted nearby of the American companies (including ' Galf ojl ', ' Eshlend ojl ', ' Ameriken shipbilding К0 ').