France tightens reins on cash/anonymity

Discussion in 'Lounge' started by wingspan, Mar 23, 2015.

  1. wingspan

    wingspan Freedom Flyer

  2. Peachy

    Peachy Founders Staff Member

    Yeah Riiiight ;)

    Expect to see more of this type of fear-mongering by governments to limit and eventually get away from cash entirely.

    It has nothing to do with terrorism, but everything to do with the fact that all of them are starved for revenue and this is a master plan to find any place you might try to hide your money. Check out the FACTA (http://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act#Background) law recently implemented in the US and agreed to by all the countries involved (http://www.treasury.gov/resource-center/tax-policy/treaties/Pages/FATCA-Archive.aspx).

    Their all on board as every one of them wants to find the hidden money so they can tax it to death.
     
  3. Alfred Duler

    Alfred Duler Beta Testers

    Based on recent event they will apply it for 1st january 2016.
    from 8k to 1k€ liquid / anonymous transfert.
    It is a bit short imo.
     
  4. tadkis

    tadkis Beta Testers

    For Emunie it is good because that means broader list of potential users, but bad because Emunie will be called money laundering/terrorism backing/tax evision machine
     
  5. Alfred Duler

    Alfred Duler Beta Testers

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