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by gruez 1830 days ago
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.
1 comments

As far as I'm aware, ransomware payments wouldn't be considered a bribe. They're more similar to an expense incurred due to `kidnapping for ransom`, which is deductible.

So in summary:

- Kidnapping for ransom expenses are deductible

- Bribes are not deductible

- Ransomware payments may be deductible