(Answered) Question international boycott and foreign bribery payments

Economics

Question: "International Boycott and Foreign Bribery Payments" Please respond to the following:

You have been hired by an international company identified as cooperating with a foreign country that the U.S. is boycotting. Present a defense for the company to overcome the presumption that all activities in the boycotted country involving all related persons are tainted.

Identify at least one (1) deterrent of the Internal Revenue Code (IRC) used to discourage the payment of bribes and kickbacks to foreign officials. Next analyze the tax effects on U.S. shareholders as a result of these bribes and kickbacks.

Please write discussion in 1 Page and provide valid references after your report.

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