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| Topic: |
Business
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| Number of pages / Number of words: |
12 / 3247 |
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The European-wide organized crime problem also plays a role in the incidence of corruption. Strict anti-corruption laws apply to domestic economic activity. U.S. firms have not identified corruption as an impediment to investment.
The German government has sought to reduce domestic and foreign corruption...
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For example, Germany in February 1999 implemented in its own law the 1998 OECD Anti-Bribery Convention, thereby criminalizing bribery of foreign public officials by German citizens and firms abroad (U.S. Commercial Service). Tax reform legislation that became law in March 1999 ended the tax write-off of bribes in Germany and abroad...
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