News for hackers. Stuff that matters.
Re:Cash payments above €3000 to be outlawed in Netherlands by pjc50 on Wednesday August 23, 2023 @10:31AM (#37236579)
> roadside transactions are often done in cash

You're paying 3000 Euro for eggs?

Re:Cash payments above €3000 to be outlawed in Netherlands by HDMI_Cable on Wednesday August 23, 2023 @10:39AM (#37236727)
I think GP's intention was to mention the farmers themselves, who would (presumably, I'm neither a farmer nor European) receive above >€3000 in egg-revenue per week/month/annum, and then go deposit that at the bank, use it for mortgage payments, or pay for farm equipment et al. in cash.
Re:Cash payments above €3000 to be outlawed in Netherlands by consp on Wednesday August 23, 2023 @10:47AM (#37236878)
No self respecting company buying those goods would do cash transactions to a business in the Netherlands. All perishable goods are tightly regulated and cash payments make that harder to administer.

Paying your various-shades-of-grey farmhands is another story.

Re:Cash payments above €3000 to be outlawed in Netherlands by bryanlarsen on Wednesday August 23, 2023 @10:48AM (#37236902)
AFAICT it doesn't outlaw depositing >€3000 at the bank, it'll just be reported.

And that's what farmers are annoyed at. If they don't deposit it, they can "forget" to report the income themselves, and cheat the tax man.

Re:Cash payments above €3000 to be outlawed in Netherlands by gunapologist99 on Wednesday August 23, 2023 @11:07AM (#37237210)
This doesn't follow; then they could just spend it in increments of less than €3000.
Re:Cash payments above €3000 to be outlawed in Netherlands by bryanlarsen on Wednesday August 23, 2023 @11:10AM (#37237272)
But it's harder to spend.
Re:Cash payments above €3000 to be outlawed in Netherlands by JW_00000 on Wednesday August 23, 2023 @11:18AM (#37237394)
This proposal does not forbid bank deposits of > €3000.