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(Topic ID: 313545)

Cash transactions and the bank

By mbrave77

2 years ago


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  • Latest reply 10 months ago by Crash
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    #54 2 years ago
     
    THC

    jamesmc

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    7y 77,550 619 14

    It's a 52 year old law that requires a bank to inform about $10,000 transactions when the maximum non taxed gift amount is $20,000? In other words, the government needs to know that you have family, friends, or whatever that are generous and need a form filled out.

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