Bitcoin Forum

Economy => Economics => Topic started by: myself on July 15, 2011, 09:21:39 PM



Title: del
Post by: myself on July 15, 2011, 09:21:39 PM
del


Title: Re: the VAT trick and bitcoins
Post by: SgtSpike on July 15, 2011, 09:23:12 PM
And hope to God you don't get audited and go to jail for fraud?


Title: Re: the VAT trick and bitcoins
Post by: Anonymous on July 15, 2011, 09:29:08 PM
And hope to God you don't get audited and go to jail for fraud taking what's yours.

Fixed that for you.


Title: Re: the VAT trick and bitcoins
Post by: EhVedadoOAnonimato on July 15, 2011, 09:35:03 PM
Why all the hassle trying to find a fake buyer abroad? You can just hide a good amount of your sales. Just don't declare them. Use cash to buy from your suppliers and never put the cash you earn from your clients into the banking system.

Small merchants do this all the time with cash payments. The only thing new is that with bitcoin they'll finally be able to do it online.