Re:Cash payments above €3000 to be outlawed in Netherlands
by matsemann on Wednesday August 23, 2023 @11:05AM
(#37237176)
This isn't the gotcha you think it is. As for all businesses transactions, you should file it in your accounting software and make sure you pay taxes, vat etc on it. This law changes nothing in that regard.
[ Parent
| on HN ]
Re:Cash payments above €3000 to be outlawed in Netherlands
by gunapologist99 on Wednesday August 23, 2023 @11:25AM
(#37237516)
So now you're bringing in your accounting software and tax records to the bank to make the deposit?
Re:Cash payments above €3000 to be outlawed in Netherlands
by ilyt on Wednesday August 23, 2023 @12:02PM
(#37238108)
What an idiotic conclusion
Re:Cash payments above €3000 to be outlawed in Netherlands
by gunapologist99 on Thursday August 24, 2023 @03:01PM
(#37253125)
> What an idiotic conclusion
Ad hominem attack but without any additional details to support your assertion?
>> You can deposit whatever amount you want into your bank account, they just might ask questions regarding where the money came from, and if you show that you sold products there's zero issues.
The original assertion was that you'd need to 'show that you sold products'.. to the bank, not your accountant... rather more difficult than it appears at first blush.