Identify the relevant tax issues for Angelo

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Problem - Critical Thinking Angelo, an agent for an airline manufacturer, is negotiating a sale with a representative of the U.S. government and with a representative of a developing country. Angelo's company has sufficient capacity to handle only one of the orders. Both orders will have the same contract price. Angelo believes that if his employer authorizes a $500,000 payment to the representative of the foreign country, he can guarantee the sale. He is not sure that he can obtain the same result with the U.S. government. Identify the relevant tax issues for Angelo.

Reference no: EM132656804

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