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If you receive a bribe, include it in your income

https://www.irs.gov/publications/p525

3•m-hodges•2h ago

Comments

turtleyacht•2h ago

Link: https://www.irs.gov/publications/p525#en_US_2024_publink1000...

m-hodges•2h ago

Thanks; I think it got stripped off when I posted?

ggm•2h ago

If memory serves me right, the French tax collection process tried to include declarations for immoral earnings, some decades ago. I'm not sure how well it went.

chasing0entropy•2h ago

Cool story: despite obvious racketeering, murder, assault, bribery, corruption, and trafficking associations, what ultimately got capone was the IRS.

throw310822•1h ago

Not unrelated: I guess the obligation to declare bribes as income allows the IRS to investigate you for tax evasion if they suspect you're receiving (obviously undeclared) bribes.

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