TAX EVASION TO BE CURBED IN U.S.
CHlsck oK KbTis OF ffiO DENOMINATIONS (Red M p.ffl.) WAgKOTGTCIN. Mi? «• the United States Secretary Of Treasury (Mr HetaW M6r|tothad) tOld aprSaeaiiteffente future effortstoeurb black marketing and tan CVaSlOn BttS ordered hanks t6 report su eurrehcy transactions involving loop dollars of more in a«aominatibttS of 60 douafS or Ovef. currency transactions Of 10,000 dbUfiri or higher must he reported, regardless of the denomination of notes unless the bank considers the transaction not unusual. Mr Morgehthau said the treasury was determined to .use all its wartime powers if necessary in the drive against tax evaders.. The drive should bring in an absolute, minimum Of I.IoCOOO dollars. . The United iSem SayS the black market as a result order should be siowiy strangled/ because sources of ready., cash -without which it cannot operate will be dried up. Bbtck marketeers usually. Use notes m denominations Of 100, sw, and 1000 dollars.
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Press, Volume LXXXI, Issue 24582, 2 June 1945, Page 7
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154TAX EVASION TO BE CURBED IN U.S. Press, Volume LXXXI, Issue 24582, 2 June 1945, Page 7
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