what happens if you have zero receipt for your expenses?

[daniels27]

Yes. And what is the consequence of⁠ having no receipt? The government asks and it all of you business is without receipt,⁤ he stinks. Hot can this be? Well it must have been illegal activities, which is⁣ money laundering and illegal employment.

Instead of accusing me. Can you maybe explain why he⁢ had no receipt? What is he paying for and to whom? It is essential information︀ to give you any advice.

 

[diro]

sometime some people here talk before they⁠ post. They must be on koke!

Without receipts you can't get tax benefits to deduct⁤ expenses from your company.

 

[daniels27]

That's what happens when you legalise it.
https://www.swissinfo.ch/eng/busine...s-to-test-controlled-sale-of-cocaine/48560562

 

[daniels27]

@diro he operates on 10% margin and he no receipts for the‍ 90% expenses on turnover. But he still claims all the deductions.

He is wondering what⁠ happens during an audit.