“Uruguay yesterday sanctioned its Financial Inclusion Law, which will ban cash payments worth more than US$5,000 as of May 1 next year. Property transactions and car purchases will thus have to be made through banking mechanisms. The measure will affect thousands of Argentines who have snapped up properties across the River Plate, primarily in the summer-favourite destination of Punta del Este. The recipients of income from rent contracts already in place before May 1 of 2015 will have to declare a bank account to which the funds should be deposited. In addition, all taxes will have to be paid electronically, regardless of the sum that is owed.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Rand Paul: 'I Ask That We Begin The End Of Mandatory Minimum Sentencing'
Snowden downloaded NSA secrets while working for Dell, sources say
Lawyer suing Uber, Lyft has a new target: Home-cleaning startup Handy
Central bank puts the brakes on the bitcoin train in India
Britain's Co-operative Bank faces nationalisation if junior bondholders reject 'haircut'
U.S. Regulators Mull Yanking Access To USD As Punishment For Banks
Iran claims U.S. Congress not ‘authorized’ to authorize Syria strikes
Japan stocks and consumer spending storm back on weak yen
House Flippers Are Back Together With Wall St.
Israel arrests teen girls over hate attack on Palestinians
Gold prices near lows of the year
Merkel booed as she praises austerity cuts in bailed-out Portugal
United States and allies build case for military action in Syria
Western Investors Cash in on Chinese Surveillance Program Targeting Muslims For 'Re-Education'
Deutsche Telekom to follow Vodafone in revealing surveillance