Which of the following expenditures is most likely to be deductible for a construction business?

A.	A fine for a zoning violation.
B.	A tax under payment penalty.
C.	An "under the table" payment to a government representative to obtain a better price for raw materials.
D.	A payment to a foreign official to expedite an application for a business permit.
E.	An arm's length payment to a related party for emergency repairs of a sewage line.

Answer rating: 100% (QA)

This type of expense can be considered a deductible bus... View the full answer