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Clampdown coming on cash payments of E10,000 and over
Posted: Wed Feb 14, 2018 10:09 pm
by Paphos Life
The House legal affairs committee on Wednesday launched discussions on setting a e10,000-ceiling for the cash purchase of vehicles, precious stones and metals, works of art and antiques....
Read the article and chat about it below...
Re: Clampdown coming on cash payments of ???10,000 and over
Posted: Thu Feb 15, 2018 6:56 am
by exodus
What is the point? I mean how could that be enforced?
Amos.
Re: Clampdown coming on cash payments of E10,000 and over
Posted: Thu Feb 15, 2018 9:48 am
by clive of payia
Never mind not being practicable or enforceable, its an EU ruling so must be obeyed. In so any corrupt countries it is the only way to trade or get things done.
Re: Clampdown coming on cash payments of E10,000 and over
Posted: Thu Feb 15, 2018 10:06 am
by Dominic
clive of payia wrote: ↑Thu Feb 15, 2018 9:48 am
Never mind not being practicable or enforceable, its an EU ruling so must be obeyed. In so any corrupt countries it is the only way to trade or get things done.
So a clampdown will be a good thing, as it will discourage the taking of bribes.
Personally, I see it as a weapon. If you are caught doing something dodgy but there is insufficient proof of the crime itself, they will be able to get you on the cash transaction. Like Capone getting done for tax evasion.
Re: Clampdown coming on cash payments of E10,000 and over
Posted: Thu Feb 15, 2018 10:24 am
by WHL
People constantly moan on how corrupt Cyprus is, then when they take measures to stop corruption, people still moan.....
Re: Clampdown coming on cash payments of E10,000 and over
Posted: Thu Feb 15, 2018 10:51 am
by exodus
WHL wrote: ↑Thu Feb 15, 2018 10:24 am
People constantly moan on how corrupt Cyprus is, then when they take measures to stop corruption, people still moan.....
If "taking measures" means effective enforcement we have no reason to moan.
They don't effectively enforce road traffic laws, so why should THIS one be any different?
Sorry to be so cynical, but that is inevitable here. Cynical I may be, but what goes on doesn't bother me.
I just let the Cypriots get on with it their way; but we are still entitled to comment.
Amos.
Re: Clampdown coming on cash payments of E10,000 and over
Posted: Thu Feb 15, 2018 11:08 am
by WHL
exodus wrote: ↑Thu Feb 15, 2018 10:51 am
WHL wrote: ↑Thu Feb 15, 2018 10:24 am
People constantly moan on how corrupt Cyprus is, then when they take measures to stop corruption, people still moan.....
If "taking measures" means effective enforcement we have no reason to moan.
They don't effectively enforce road traffic laws, so why should THIS one be any different?
Sorry to be so cynical, but that is inevitable here. Cynical I may be, but what goes on doesn't bother me.
I just let the Cypriots get on with it their way; but we are still entitled to comment.
Amos.
You complain that the Cypriots dont enforce Traffic laws...yet this is what you posted a little while ago
''Noisy mopeds? Pour some oil on a bend when they are around - again not near your house.'' I dont think your in any position on lecturing others.on enforcing traffic law..... Cheers
Re: Clampdown coming on cash payments of E10,000 and over
Posted: Thu Feb 15, 2018 12:18 pm
by Dominic
exodus wrote: ↑Thu Feb 15, 2018 10:51 am
WHL wrote: ↑Thu Feb 15, 2018 10:24 am
People constantly moan on how corrupt Cyprus is, then when they take measures to stop corruption, people still moan.....
If "taking measures" means effective enforcement we have no reason to moan.
They don't effectively enforce road traffic laws, so why should THIS one be any different?
Sorry to be so cynical, but that is inevitable here. Cynical I may be, but what goes on doesn't bother me.
I just let the Cypriots get on with it their way; but we are still entitled to comment.
Amos.
Clearly it does bother you otherwise you wouldn't see fit to moan about it. Again.
Re: Clampdown coming on cash payments of E10,000 and over
Posted: Thu Feb 15, 2018 12:20 pm
by exodus
WHL wrote: ↑Thu Feb 15, 2018 11:08 am
exodus wrote: ↑Thu Feb 15, 2018 10:51 am
WHL wrote: ↑Thu Feb 15, 2018 10:24 am
People constantly moan on how corrupt Cyprus is, then when they take measures to stop corruption, people still moan.....
If "taking measures" means effective enforcement we have no reason to moan.
They don't effectively enforce road traffic laws, so why should THIS one be any different?
Sorry to be so cynical, but that is inevitable here. Cynical I may be, but what goes on doesn't bother me.
I just let the Cypriots get on with it their way; but we are still entitled to comment.
Amos.
You complain that the Cypriots dont enforce Traffic laws...yet this is what you posted a little while ago
''Noisy mopeds? Pour some oil on a bend when they are around - again not near your house.'' I dont think your in any position on lecturing others.on enforcing traffic law..... Cheers
You need to be able to judge when posters are being serious or not! Maybe we should spell it out everytime?
Amos.