3 ms·
>I have a box of foreign money at home which I use every time I am abroad. I bet most people have something like it. If I were to trust you on this, I'd have to
by Rmilb 11y ago
>I have a box of foreign money at home which I use every time I am abroad. I bet most people have something like it.
If I were to trust you on this, I'd have to record the price of that currency with every cup of coffee in every airport I buy. In practice nobody has done that, ever. I'd say that's safe.
This is not true.In the US there is a tax exemption for small denomination purchases in foreign currency's(I think $200) [1]. I can't find a source right now...
*Edit updating citation: User icebraining cited this source in this discussion.
1. https://www.law.cornell.edu/uscode/text/26/988 https://www.law.cornell.edu/uscode/text/26/988