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by gruez
1830 days ago
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Is a ransomware payment a bribe? The linked page doesn't really say what constitutes a "bribe". The next paragraph says that it only covers illegal activities, which AFAIK isn't the case for ransomware groups unless they're a designated terrorist organization or something. |
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So in summary:
- Kidnapping for ransom expenses are deductible
- Bribes are not deductible
- Ransomware payments may be deductible