As a man living in the 21st century, I have grown accustomed to having the convenience of using my debit or credit card for almost all of my purchases.
When I come across a store or business that only accepts cash, I often wonder why.
Can’t help but think they want to ‘siam’ tax
I understand that some places may have their own reasons for choosing to accept cash, such as not wanting to pay the fees associated with debit and credit cards, but I can’t help but wonder if there is more to it than that.
Could it be that these places are avoiding paying taxes?
Tax evasion is a serious problem, and it can have serious repercussions for businesses that are caught.
It’s no secret that businesses that accept cash can make it difficult to track their income, and this can make it easier for them to avoid paying taxes.
I’m sure that not all businesses that only accept cash are evading taxes, but it’s worth considering that this might be the case.
Even if they’re not, it’s still a questionable practice.
After all, taxes are an important part of our economy, and businesses that are avoiding paying them are not helping the system.
Here are what netizens think
- Some things that are being done don’t need to say out one lah, it is very obvious.
- Ya lor don’t know why these businesses only accept cash terms for payment, nowadays who still carries so much cash around?
- They can run, they can hide, but they will never be able to run away from our ‘big boss’ who definitely will come after them.
- Some people like to hold cash ma, every day after a hard day of work you count the cash takings also shiok
- Actually cash terms makes it easier for their employees to ‘eat’ their money, would be wiser if everything can switch to cashless terms