Quote:
Originally Posted by OneHungLo
Oh OK(DDFCashJr) said it was CZ law) but regardless...what's the purpose of the government involving themselves dictating when a private company can pay someone?
|
They dont, you missed the point.
But it is really very simple.
In order to stop tax evasion and money laundering etc EU law dictates that there should be a paper trail for all transactions. Thats it. Send an invoice - get paid.
Now if a company gets an audit from their tax authority they simply need to show where the money has gone, and where it arrived from. Therefore not doing this correctly is a lot of hassle for the business owner if the tax inspector comes knocking.
So because this is GFY there is 4 pages of bitching about raising an invoice, attaching it to an email, and getting paid. Bizarrely how any of you run a business without a paper trail for your own accounting purposes is quite odd.
