cash

7

Court OKs toll road operators detaining drivers who use large bills

http://thenewspaper.com

"The fact that a person is not free to leave on his own terms at a given moment, however, does not, by itself, mean that the person has been 'seized' within the meaning of the Fourth Amendment," the court wrote in its unsigned decision. "In Florida, a person's right and liberty to use a highway is not absolute; it may be regulated in the public interest through reasonable and reasonably executed regulations." The judges found it was reasonable for Fanueil to set regulations for use of the road -- including the types of acceptable payment.

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phonon's picture
Created by phonon 33 weeks 6 days ago – Made popular 33 weeks 6 days ago
Category: Driving / Roads   Tags:
2

Italy to Kick Cash Habit as Monti Cracks Down on Tax Evaders

http://www.businessweek.com

Prime Minister Mario Monti, in office just over a month, wants landlords, plumbers, electricians and small businesses to stop conducting large transactions in cash, which critics say helps them evade taxes. The government on Dec. 4 reduced the maximum allowed cash payment to 1,000 euros from 2,500 euros. “If they force us to use credit cards, prices will go up,” said d’Andrea, noting that many retailers offer discounts to customers who pay in cash and don’t demand a receipt, in effect splitting with them the savings from evading the country’s 21 percent sales tax.

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Cyphase's picture
Created by Cyphase 1 year 18 weeks ago – Made popular 1 year 17 weeks ago
Category: Regulation   Tags:
13

Cash-sniffing dogs now being used at airports

http://www.sovereignman.com

US Customs, a division of Homeland Security, is now using cash-sniffing dogs at airports for international travelers. A dog was able to detect one passenger's $400 in currency from among numerous travelers.

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brill's picture
Created by brill 2 years 12 weeks ago – Made popular 2 years 11 weeks ago
Category: Regulation   Tags:

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