Commentary

B2.420 Crime—expenditure involving crime

Business tax
Business tax | Commentary

B2.420 Crime—expenditure involving crime

Business tax | Commentary

B2.420 Crime—expenditure involving crime

Any expenditure incurred in making a payment which constitutes a criminal offence by the payer is expressly disallowed1, together with any incidental expenses. This prohibition is aimed particularly at payments such as bribes (perhaps to win contracts for example) which are contrary to the Prevention of Corruption Acts and payments contrary to the Prevention of Terrorism Acts. It may also include payments for firearms without holding a valid firearms certificate, payments for stolen goods or payments to terrorists.

This prohibition extends to payments made outside the UK, which would constitute a criminal offence if made in the

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