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A comment on EU-wide maximum limit of €10K for cash payments. Parent comment

Re:EU-wide maximum limit of €10K for cash payments by ur-whale on Saturday December 10, 2022 @06:33PM (#33938217)
> In what circumstances have you or someone you known ever needed to pay for something over €10k in cash?

Anyone involved in the construction business.

But yeah, if you're a wage slave in the tertiary sector, you're very unlikely to realize how and why cash is necessary or even a matter of survival for a large class of workers out there.

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Re:EU-wide maximum limit of €10K for cash payments by twic on Saturday December 10, 2022 @07:47PM (#33938733)
Anyone involved in the construction business has made a single transaction of over ten thousand euros in cash? What for?
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Re:EU-wide maximum limit of €10K for cash payments by wbl on Saturday December 10, 2022 @08:01PM (#33938828)
Tax evasion
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Re:EU-wide maximum limit of €10K for cash payments by flumpcakes on Saturday December 10, 2022 @07:04PM (#33938444)
Why not a BACS or any other type of bank transfer for that industry/sector? It sounds like a good way to do tax evasion if you just take cash in hand payments.
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