Reporting to tax authorities by banks/financial institutions was bumped down to ... | Hacker News

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		salawat 23 days ago \| parent \| context \| favorite \| on: What they don't tell you about maintaining an open... Reporting to tax authorities by banks/financial institutions was bumped down to any receiving of an amount in excess of $600 during the Biden admin.

SoftTalker 22 days ago [–]

Ah yes, I had forgotten about that. That's for "business" transactions, IIRC. I wonder how they distinguish....

salawat 18 days ago | [–]

They don't. It was targeted at screwing the poor rather than the rich.

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