https://www.taxtmi.com/forum/issue?id=1387 Payments to government officials described as tips, speed money, gifts or bribes are illegal and generally not allowable as deductions for income tax purposes. If payments were made under demonstrable compulsion, contemporaneous evidence of demand and payment may be offered to contend the outlay was a loss incidental to business or profession, but public policy and the unlawful nature of such payments make allowability legally precarious and fact-sensitive. en-us Mon, 27 Jul 2009 18:38:54 +0530 Thu, 23 Jan 2025 15:58:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1387 Payments to government officials described as tips, speed money, gifts or bribes are illegal and generally not allowable as deductions for income tax purposes. If payments were made under demonstrable compulsion, contemporaneous evidence of demand and payment may be offered to contend the outlay was a loss incidental to business or profession, but public policy and the unlawful nature of such payments make allowability legally precarious and fact-sensitive. Discussion-Forum Income Tax Mon, 27 Jul 2009 18:38:54 +0530 https://www.taxtmi.com/forum/issue?id=1387