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Somewhat tangential (sorry), but in my part of southern Europe, cash change machines seem to be getting close to ubiquitous. I wonder if that hinders tax evasi
by rkomorn 1y ago
Somewhat tangential (sorry), but in my part of southern Europe, cash change machines seem to be getting close to ubiquitous.
I wonder if that hinders tax evasion at all since there's presumably a pretty reliable paper trail of cash transactions.
- upcoming-sesame 1y agoYou mean ATMs ? It is still harder to prove where the cash you took out of the ATM went to in comparison to card payments, but yeah, if you take a big amount of cash out of the ATM then it would be easy to flag you
- rkomorn 1y agoNo, I mean the machines that now handle cash payments at many businesses, accepting cash and returning change. They're increasingly common here in Portugal, at least.
- upcoming-sesame 1y agoah got it. these are mostly mechanical I think and are offline / dumb device as far as I know