HappySkullsplitter@lemmy.world to memes@lemmy.world · 1 day agoName themlemmy.worldimagemessage-square206fedilinkarrow-up1807arrow-down117
arrow-up1790arrow-down1imageName themlemmy.worldHappySkullsplitter@lemmy.world to memes@lemmy.world · 1 day agomessage-square206fedilink
minus-squareKennystillalive@feddit.orglinkfedilinkarrow-up17·8 hours agoIn Switzerland it’s either “Barber Shops” or “Döner Shops” their card reading terminals are for some reason always broken and you have to pay cash!
minus-squareMaalus@lemmy.worldlinkfedilinkarrow-up9arrow-down2·7 hours agoTheir card terminal is broken because they can then lie on the taxes on how much they made. They can’t do that with a card transaction.
minus-squarebitjunkie@lemmy.worldlinkfedilinkarrow-up2arrow-down2·4 hours agoYes that’s literally what money laundering is
minus-squareMaalus@lemmy.worldlinkfedilinkarrow-up12arrow-down1·4 hours agoNo it isn’t, it’s tax evasion. Businesses do it to get more money from lying on their taxes, not taking “dirty” illegal money and making it legal
minus-squareSparroHawc@lemm.eelinkfedilinkarrow-up4·1 hour agoThat depends on if they’re reporting LESS money than they actually made, or are reporting MORE money than the shop itself actually took in. If everything is in cash, you can inflate it pretty easily without raising eyebrows.
In Switzerland it’s either “Barber Shops” or “Döner Shops” their card reading terminals are for some reason always broken and you have to pay cash!
Their card terminal is broken because they can then lie on the taxes on how much they made. They can’t do that with a card transaction.
Yes that’s literally what money laundering is
No it isn’t, it’s tax evasion. Businesses do it to get more money from lying on their taxes, not taking “dirty” illegal money and making it legal
That depends on if they’re reporting LESS money than they actually made, or are reporting MORE money than the shop itself actually took in.
If everything is in cash, you can inflate it pretty easily without raising eyebrows.