To: JD86
It's cumulative...like in one day. Who says one day? The article? The law? My impression is that it could be cumulative over one week. One month? One year?
I don't think it would do much good if it was only cumulative for one day. Tax evaders (er.. I mean terrorist) would simply spread their purchases out over a week.. month.. etc...
45 posted on
11/23/2001 5:47:40 PM PST by
Smogger
To: Smogger
I have not looked at the law lately...but from memory, I think the cash purchases were cumulative for a day. I may be wrong. I know in financial transactions they look at a day and also a pattern...like pcl pointed out of daily transactions of cash that are just under the $10,000 threshold but are not warranted for the type of business or are out of the ordinary. If someone else knows for sure, please post.
47 posted on
11/23/2001 5:52:02 PM PST by
JD86
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