HappySkullsplitter@lemmy.world to memes@lemmy.world · 1 year agoName themlemmy.worldimagemessage-square260fedilinkarrow-up1958arrow-down124
arrow-up1934arrow-down1imageName themlemmy.worldHappySkullsplitter@lemmy.world to memes@lemmy.world · 1 year agomessage-square260fedilink
minus-squareMaalus@lemmy.worldlinkfedilinkarrow-up18arrow-down1·1 year 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-up7arrow-down1·1 year 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.
minus-squareMaalus@lemmy.worldlinkfedilinkarrow-up4·1 year agoYeah, but reporting “less” is 100x more likely. And saying “everything is money laundering” is wrong, they’re messing around with taxes.
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.
Yeah, but reporting “less” is 100x more likely. And saying “everything is money laundering” is wrong, they’re messing around with taxes.