Re:I tried starting a manufacturing unit in India
by renewiltord on Tuesday August 11, 2020 @03:42AM
(#24118102)
Dude, for things like this you can't just apply Wikipedia knowledge. It's really not enough. Section 78dd–1 is what it looks like in law. Read Section 78dd–1 (b).
> (b)Exception for routine governmental action Subsections (a) and (g) shall not apply to any facilitating or expediting payment to a foreign official, political party, or party official the purpose of which is to expedite or to secure the performance of a routine governmental action by a foreign official, political party, or party official.
Re:I tried starting a manufacturing unit in India
by DenisM on Tuesday August 11, 2020 @11:40AM
(#24121533)
I did not know that, thank you.
Re:I tried starting a manufacturing unit in India
by rohan_shah on Monday August 10, 2020 @03:28PM
(#24113069)
The author is an Indian i.e. Myself. Thanks.
There is a law that prohibits American citizens from bribing foreign officials:
https://en.wikipedia.org/wiki/Foreign_Corrupt_Practices_Act