Cash payments above €3000 to be outlawed in Netherlands

Re:Cash payments above €3000 to be outlawed in Netherlands by whelp_24 on Wednesday August 23, 2023 @10:31AM (#37236575)

I am 100% certain that you can evade taxes, and do crime without cash. Even movies have criminals do wire transfers. It is hard to have, say, negative interest rates though.

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Re:Cash payments above €3000 to be outlawed in Netherlands by mrguyorama on Wednesday August 23, 2023 @12:34PM (#37238598)

>Even movies have criminals do wire transfers.

And movies are famously accurate portrayals of things right?

It's extremely difficult to do lot's of profitable crime without cash. When the IRS sees large transactions routinely coming in, they're going to ask WTF you do for a living, and eventually want some evidence of that. Forensic accounting is VERY powerful.

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Re:Cash payments above €3000 to be outlawed in Netherlands by sgt101 on Sunday August 27, 2023 @06:18AM (#37281213)

Also your bank. No one working in a bank wants to go to prison; this makes it very expensive to get bank workers to co-operate.

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