“The law only applies to payments over $10,000 in the context of a ‘trade of business,’ which is a term of art,” Marian told Cointelegraph. “If I am a car dealer, for example, and I sell a car for $10,000 in cash, I have to report the buyer to the IRS. And I can...
First, it has led to a proliferation of different tax rates and taxing units within the county, as each new endeavor of the consolidated city tends to be funded through the creation of a new special service or special taxing district. Second, property-tax rates are higher in the inner-city...