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> once a good double-digit number are cheating, cheating becomes the only viable way Good point, but how little oversight does this country have of money being
by bjarneh 5y ago
> once a good double-digit number are cheating, cheating becomes the only viable way
Good point, but how little oversight does this country have of money being sent to peoples accounts from Airbnb etc? In my country (Norway), all transactions > 500 USD, (or multiple transactions from the same sender of lesser amounts), would register with the tax office. The receiver would have to disclose the source of these transactions to the tax office.
If money coming in or out of peoples accounts are governed by self-reporting, people must pay highly inaccurate taxes in the Netherlands.
- justincormack 5y agoThat doesn’t happen in most countries.
- rocqua 5y agoDoes this registration of transactions only happen only for air-bnb, or does it happen for all transactions? If its the latter, that would be considered a massively over reaching collection drag-net here. Besides that, this is a municipal tax, whereas the income information is only present at the national tax authority. Getting those to inter-operate is quite difficult. Especially since our national tax authority is known to be digitally incapable, and currently has some other much bigger issues to contend with.