Germany to prohibit property transactions in cash - document


Reuters | Berlin | Updated: 07-10-2022 15:51 IST | Created: 07-10-2022 15:43 IST
Germany to prohibit property transactions in cash - document
Representative Image Image Credit: ANI
  • Country:
  • Germany

Germany is planning new legislation to prohibit property transactions in cash in an effort to improve sanctions enforcement, a government document seen by Reuters on Friday showed.

Notaries should monitor the cash transaction ban and report any violations, the document said.

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