The Commons international development committee said Western companies that indulge in corruption made third-world poverty worse. The committee said while the government supported international moves to criminalise the bribery of foreign officials and cease the tax deductibility of such bribes, it had done nothing in the UK.
MPs say 'stop bribe relief'.
The government has been told to put a stop to companies' ability to offset bribes to foreign governments against tax.
vnunet.com, 01 Nov 1999
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