To: Jaysun
The only real issue I can think of is taxes.
Affectively they will be dealing with 100% cash when taking pesos. I doubt anyone will write a check or use a bank card in pesos. A definite opportunity not to report actual income depending on how they get them converted to dollars (or if they even do so).
12 posted on
01/07/2007 2:55:59 PM PST by
DB
To: DB
The only real issue I can think of is taxes.
Affectively they will be dealing with 100% cash when taking pesos. I doubt anyone will write a check or use a bank card in pesos. A definite opportunity not to report actual income depending on how they get them converted to dollars (or if they even do so).
Couldn't the same argument be made with US currency?
17 posted on
01/07/2007 3:00:47 PM PST by
Jaysun
(I've never paid for sex in my life. And that's really pissed off a lot of prostitutes.)
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