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Consequences of price misdeclaration to avoid tax?

  • 21-06-2014 11:06AM
    #1
    danielgalway
    Registered Users, Registered Users 2 Posts: 167 ✭✭


    Hi all,

    Was reading online about cases where the price of goods are misdeclared in order to avoid paying tax. e.g. 200% goods bought, seller declares goods at 15$.

    What are the consequences to doing this if one is caught?
    What if the seller said they would decrease the value of the package, do you simply have to take their word for it?

    if all goes well do you just send an email receipt of the altered price e.g. 15$?

    Thanks.
    Tagged:


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