Re:Cash payments above €3000 to be outlawed in Netherlands
by seydor on Wednesday August 23, 2023 @10:06AM
(#37236123)
The most corrupt countries tend to have the worst limits. In greece for example real estate sellers will try to officially declare a price much lower than the real one to the taxman, taking the rest in cash under the table. That's why there are government-appraised, official "objective" prices according to which real estate is taxed
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Re:Cash payments above €3000 to be outlawed in Netherlands
by ilyt on Wednesday August 23, 2023 @10:29AM
(#37236532)
Also common for car purchases. Put lower amount on documents to pay less tax.
Which often causes problem when the cars is defective and seller goes "sure, I will pay you back in full, the amount that is on documents". And buyer got no recourse for that.