Monday, January 5, 2026

What Is German 'Black' Money?

 Well....you run a small business.  On paper, you generate about 6,000 Euro of profit per month....that you admit to....to the German tax authorities.

But the reality is....you generate around 10,000 Euro a month.  Each week, you hand your wife 1k Euro in cash, and she goes to the local bank where you have a box.  Over a year, she will put around 52k Euro into that box.

So when you come up and need a new car, or want a summer vacation....you use the bank box cash.

Illegal?  Well....if you get caught.

How many Germans engage in 'black' money?  No one really knows.  Might be ten-percent....might be 50-percent.  

So the security of these bank boxes....matters.

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