4 ms·
In the US don't cash transactions over $10K (by businesses anyway) need to be notified? https://www.irs.gov/pub/irs-pdf/f8300.pdf https://www.irs.gov/pub/irs-p
by helsinkiandrew 3y ago
In the US don't cash transactions over $10K (by businesses anyway) need to be notified?
https://www.irs.gov/pub/irs-pdf/f8300.pdf https://www.irs.gov/pub/irs-pdf/f8300.pdf
I assume this and most other restrictions are to stop tax evasion and money laundering.
- jkaplowitz 3y agoLooks like that’s the case, yes. Still, that’s a reporting requirement, not a limit.