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Richard L. Cassin Publisher and Editor

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Thomas Fox Contributing Editor

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Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

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Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

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FCPA Blog Daily News

Entries in offset (4)

Thursday
Aug032017

Bill Steinman: Can you trust your offset advisor? 

Satisfying offset obligations is hard. Readers will recall that offsets are financial obligations imposed on defense contractors by foreign government customers as a condition to defense procurements.  

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Wednesday
May312017

Selva Ozelli: IRS joins fight against corruption in offset trade deals

Bill Steinman recently wrote a post for the FCPA Blog about compliance risks in offset obligations. I'd like to continue that discussion, this time with some information about international cooperation to clean up offset transactions, and how the U.S. Internal Revenue Service is playing a role.

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Tuesday
May232017

Bill Steinman: Do you know what your offset department is up to? You should

Offset obligations. We love to hate them. While governments champion offset programs as a way to create social and economic benefits from international defense spending, aerospace and defense companies must begrudgingly accept them and then labor tirelessly to fulfill them.

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Wednesday
Apr052017

Resource Alert: Managing compliance risks in defense offsets

According to the Bureau of Industry and Security, U.S. defense firms incurred more than $30 billion in offset obligations over the last ten years. 

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