Question

what are the two ways in which black money can be generated?​

Answer 1

Answer:

If the buyer only reports $50,000 on the books and pays $150,000 under the table, then there is a black money transaction worth $150,000. The sellers in both examples have earned money from legal sources but evaded taxes. The most common source of black money is the black market or underground economy.

Answer 2

Answer:

If the buyer only reports $50,000 on the books and pays $150,000 under the table, then there is a black money transaction worth $150,000. The sellers in both examples have earned money from legal sources but evaded taxes. The most common source of black money is the black market or underground economy.

Answer 3

Answer:

If the buyer only reports $50,000 on the books and pays $150,000 under the table, then there is a black money transaction worth $150,000. The sellers in both examples have earned money from legal sources but evaded taxes. The most common source of black money is the black market or underground economy.

Answer 4

Answer:

If the buyer only reports $50,000 on the books and pays $150,000 under the table, then there is a black money transaction worth $150,000. The sellers in both examples have earned money from legal sources but evaded taxes. The most common source of black money is the black market or underground economy.

Answer 5

Answer:

If the buyer only reports $50,000 on the books and pays $150,000 under the table, then there is a black money transaction worth $150,000. The sellers in both examples have earned money from legal sources but evaded taxes. The most common source of black money is the black market or underground economy.

Answer 6

Answer:

If the buyer only reports $50,000 on the books and pays $150,000 under the table, then there is a black money transaction worth $150,000. The sellers in both examples have earned money from legal sources but evaded taxes. The most common source of black money is the black market or underground economy.