By Lisa van de Geyn Operating in the underground economy might seem smart in the short term, but it creates a host of negative consequences for the economy, businesses and consumers. Few – if any – countries fared worse than Greece in the aftermath of the financial crisis of 2008. Fast-forward nearly nine years and… Read More Risky business
By Peter Carter Is an all-cash deal really a deal? At first blush it’s a bargain, but when things go wrong and you don’t have proof of payment, that’s no deal. I like motorcycles. My wife, Helena, always enjoyed riding on the back of my bikes. So a few years ago, on one of our… Read More Receipt, please.
By Yan Barcelo What’s the size of the shadow economy? Nobody knows, and estimates vary widely. But what’s certain is that it is a form of tax evasion. Like many well-off professionals, Roger, a Quebec notary, hired a woman who came in every week to perform housecleaning chores. He paid her cash, and one is… Read More Life underground