Legal Business

Hard graft – The pan-Europe bribery crackdown

As European agencies turn up the heat on bribery and corruption, we team up with Simmons & Simmons to assess how clients are responding.

Until 1999 German laws allowed for some bribes to be tax deductible. Bribes or grease payments enabled German companies to get ahead overseas, or so many claimed. These payments were viewed as good for business and good for the German economy. At worst, they were a necessary evil.