3 ms·
The most corrupt countries tend to have the worst limits. In greece for example real estate sellers will try to officially declare a price much lower than the
by seydor 3y ago
The most corrupt countries tend to have the worst limits. In greece for example real estate sellers will try to officially declare a price much lower than the real one to the taxman, taking the rest in cash under the table. That's why there are government-appraised, official "objective" prices according to which real estate is taxed
- ilyt 3y agoAlso common for car purchases. Put lower amount on documents to pay less tax. Which often causes problem when the cars is defective and seller goes "sure, I will pay you back in full, the amount that is on documents". And buyer got no recourse for that.