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There is similar law in Ukraine for quite a long time. Everyone just ignore this law.. I bought flat for cash in USD not even in local currency. Car were boug
by AlfeG 4y ago
There is similar law in Ukraine for quite a long time. Everyone just ignore this law..
I bought flat for cash in USD not even in local currency. Car were bought in cash in severL transactions to be below limit. Part of payments were in foreing currency.
It only consumers who became affected. Less protection from law in case of fraud. By documents car price were 10 times less You pay.
Meanwhile this law has not prevent any corruption or apply any incovients to local barons.
- koliber 4y agoThe documented price is important when you have to return the car 3 days later because it is badly broken and you were scammed. It happened to a friend of mine. He was screwed because the seller offered to return all his money based on the price on the invoice.
- egorfine 4y agoWell, let's not forget that USD is the actual true "национальная валюта" (national currency) of Ukraine. /s On a serious note, it is almost impossible for me to declare and legalize my hard-earned money while living in Ukraine, so I hope that this EU law will not be effective, just like previous efforts were not.