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A comment on AT&T Case Asks High Court to Assign Privacy Rights to Companies. Parent comment

Re:AT&T Case Asks High Court to Assign Privacy Rights to Com... by queensnake on Wednesday January 19, 2011 @03:04AM (#2119094)
Note, that corps. can claim a tax break for fines, as being a 'business expense'. Much more depth on all of this in the documentary 'The Corporation'.
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Re:AT&T Case Asks High Court to Assign Privacy Rights to Com... by mordero on Wednesday January 19, 2011 @09:54AM (#2119867)
Fines or penalties paid by a company for violation of a law are not deductible for federal taxes.

Section 162(f) -> http://www.law.cornell.edu/uscode/26/usc_sec_26_00000162----...

IRS Publication 535 (2009) (Although not authoritative, it provides examples) -> http://www.irs.gov/publications/p535/ch11.html

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