Re: Re: Can you help explain something?

#66537
Anonymous
Participant

@van wrote:

We are purchasing a property and have been asked by the agent if we would be able to buy the property in ‘black money’ as this would help our tax situation.

It’s not to help your tax situation (though of course it will reduce your taxes payable on purchase, but they’re minimal) – it’s to help the vendor’s tax “situation”!
As advised above, don’t do it! It will probably get you into hot (and costly) water in the long run. What they’re asking you to do is illegal.