O'Reilly logo

International Business Basics by Scott L. Girard

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Bribes and Black Money

This is one of the more unfortunate sides of doingbusiness internationally. Here’s a rundown ofwhat you can expect, and how to avoid it.

I’M NOT YOUR MOTHER. I hope you are not surprised by this revelation. Despite this fact, I’m going to give you some advice in this section, based purely on what I’ve seen in the real world. When it comes to doing business internationally, bribery is out there and it can put you in prison. Black money is also out there, and can also put you in prison.

Black money, for those who are unfamiliar, is money (typically cash) that is untraced and unaccounted for by a government for taxation purposes. Black money can range from a waiter’s tips not being declared as taxable income to sacks of money ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required