Skip to comments.
Israel’s Lower Threshold on Cash Transactions Takes Effect Next Week
Pymnt.com ^
| 7/26/22
Posted on 07/31/2022 3:16:48 PM PDT by EBH
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-43 last
To: EBH
Israel National News reports that NIS 5 billion have already been collected in fines since the restrictions came into law. Tens of thousands of audit raids on businesses have been conducted by the Tax Authority and thousands of violators have been penalized. In 2022 alone, around 6,000 audits have been conducted so far, with 2,189 law-breakers identified, representing a sum of NIS 35 million in illicit transactions.
Well those numbers don't seem to add up... FIVE BILLION in fines on transactions IN THE MILLIONS? Sure, that 35MM is only for 2022, but somehow I doubt they've cut back on enforcement that much from 2019-21. If anything they've likely increased it, and 2022 should have the HIGHEST numbers on $$$ in transactions...
To: EBH
EBH wrote: “The push to eliminate cash”
The push to eliminate freedom and replace it with a Nazi/Stasi/Chinese style social credit real world prison.
42
posted on
08/02/2022 4:06:55 PM PDT
by
BTerclinger
(MAGA All The Way.)
To: Jonty30
43
posted on
08/02/2022 4:08:04 PM PDT
by
BTerclinger
(MAGA All The Way.)
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-43 last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson