facilitation payment
facilitating payment

What about those countries where it is very difficult to do business without making facilitation payments?

Facilitation payments are seen as pervasive throughout the Bosnian business climate.

Discourage the making of facilitation payments to public officials.

He said it had banned all facilitation payments and was rebuilding the reputation of the company.

Many companies experience the demand for facilitation payments as a result of Peru's extensive bureaucracy.

Making facilitation payments, whereby Government officials are paid to carry out services they should normally do, will also be illegal.

How to handle issues of bribery, facilitation payments, inappropriate gifts.

Whether the company has written guidance available to employees as to the procedures they must follow where a facilitation payment is requested or expected.

For instance, small facilitation payments are to be excluded from the prohibition and three alternative approaches have been put forward.

Furthermore, tax deductibility for facilitation payments and bribes is not allowed.

Many sectors are especially concerned about facilitation payments.

Tax deductibility for "facilitation payments", and bribes are prohibited in law.

Facilitation payments will generally be covered as they are regarded to be improper.

It is arguable, however, that any facilitation payment made should be so insignificant as to not warrant concern for tax purposes.

Facilitation payments are one of the few exceptions from anti-bribery prohibitions of the law.

As resources for policing are near to non-existent, coping with facilitation payments (call it bribes) is common.

It is understood that key concerns in the investigation were bribery, "facilitation payments" and uncompetitive contracts.

Another is facilitation payments made to public servants in charge of the oversight of governmental licensing requirements.

The risk of widespread use of facilitation payments is also high due to the bureaucratic procedures for obtaining licences.

Facilitation payments are an established part of 'getting things done', despite irregular payments and gifts being criminalised.

Cumbersome bureaucracy creates opportunities for officials to extort facilitation payments from businesses if they wish to speed things up.

Greater certainty is required, and the law ought to be amended to ensure that minor transgressions, such as those involving facilitation payments, are not reported.

This means that small so-called facilitation payments are offences under Luxembourg law, whereas if the word "undue" were included these would be acceptable.

The guidance on the Act also appeared to soften the treatment of facilitation payments - bribes to facilitate routine Government action.

However, facilitation payments are occasionally demanded by customs due to cumbersome and costly customs procedures.

Facilitating payments is not a major focus of an open account approach.

Company's cash desks facilitating payments were opened in the neighbourhood.

While being legal, facilitating payments are still considered to be questionable from the point of view of business ethics.

Many Australian states override the federal legislation and define facilitating payments as illegal.

Many companies therefore restrict or severely limit making facilitating payments in their policies, however this practice is not yet widespread.

On the face of it, the business of facilitating payments seems a particularly unpromising one for start-ups to enter.

In permitting "facilitating payments," the law recognizes that a small amount of cash might sometimes be needed to expedite what it calls "routine governmental action."

Over the years, however, the New York Clearing House has accumulated influence far greater than its formal role in facilitating payments.

American law does, in fact, permit "facilitating payments for routine government actions" (reportedly capped at about $500), like expediting a visa request.

'Facilitating payments' are not acceptable:

Idleh Osman, 21, known as Sniper was found guilty of arranging or facilitating payment for sexual services of a child.

Nor does it allow any scope for the facilitating payments referred to by the OECD Convention.

APAX is dedicated to serving cardholders and their merchants by facilitating payment anywhere and anytime.

The use of information technology for facilitating payments, records and so on and the use of e-Health information technology have been mentioned.

However the OECD notes that the UK is unlikely to prosecute for minor facilitating payments in the areas where it is a common practice.

Much of the experimentation and innovation in banking has therefore taken place on its fringes: in facilitating payments, for instance, or in finding new ways of crunching data.

This law made it illegal to bribe either government or private citizens or make facilitating payments (i.e., payment to a government official to perform their routine duties more quickly).

A federal judge on Tuesday criticised Barclays’ $298m deal with the US authorities to settle charges of facilitating payments that violated sanctions against countries including Cuba and Iran.

On the Agenda are discussions or workshops on the governance of TI, facilitating payments, Networking National Chapter information, Making anti-corruption conventions more effective and more.

He points out that it was the first phonemaker in China to partner with a local bank to develop phones that can be used as mobile wallets, facilitating payment for online purchases.

"What's silent here is that facilitating payments are still illegal in that country because they're bribes," said Patrick J. Gnazzo, vice president for business practices at United Technologies in Hartford.

We will also be piloting the Internet filing of T4 slips, GST and HST returns, and facilitating payment options through the introduction of pre-authorized debits, and introducing an electronic enquiries service.

A facilitating payment is a certain type of payment to foreign officials that is not considered to be bribery according to legislations of some states as well as in the international anti-bribery conventions, e.g., coming from the OECD.

Finance plays a crucial role in supporting the economy and wider society: in facilitating payments between people, in matching end-borrowers and end-investors, in managing risks to one's health and wealth and in managing money across generations.

To strengthen investment in productive infrastructure, reorganization of public finances was carried out by increasing own revenues, facilitating payment and expanding surveillance in compliance with tax obligations and tax coordination, both within the state system was strengthened, and the federal.