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[-] Maalus@lemmy.world 4 points 1 week ago

Their card terminal is broken because they can then lie on the taxes on how much they made. They can't do that with a card transaction.

[-] bitjunkie@lemmy.world -1 points 1 week ago

Yes that's literally what money laundering is

[-] Maalus@lemmy.world 2 points 1 week ago

No it isn't, it's tax evasion. Businesses do it to get more money from lying on their taxes, not taking "dirty" illegal money and making it legal

[-] SparroHawc@lemm.ee 2 points 1 week ago

That depends on if they're reporting LESS money than they actually made, or are reporting MORE money than the shop itself actually took in.

If everything is in cash, you can inflate it pretty easily without raising eyebrows.

[-] Maalus@lemmy.world 1 points 1 week ago

Yeah, but reporting "less" is 100x more likely. And saying "everything is money laundering" is wrong, they're messing around with taxes.

this post was submitted on 29 Apr 2025
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