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Taxing loopholes.


Wheat exporter AWB See House Air Waybill.  can claim $290 million in kickbacks to Saddam Hussein's regime as a tax reduction, reports the Australian Broadcasting Corporation The Australian Broadcasting Corporation (ABC) is Australia's national public broadcaster, known previously as the Australian Broadcasting Commission. The ABC provides television, radio and online services throughout metropolitan and regional Australia, as well as . A government commission found that AWB deceived the Australian government and the United Nations and recommended that former executives face charges, but the Australian Tax Office ruled the kickbacks did not constitute a bribe BRIBE, crim. law. The gift or promise, which is accepted, of some advantage, as the inducement for some illegal act or omission; or of some illegal emolument, as a consideration, for preferring one person to another, in the performance of a legal act.  as defined in the criminal or tax codes.
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Publication:The Progressive
Date:Feb 1, 2007
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