I was at the gym the other day and was noticing how the owner of the gym doesn't appear to keep any sort of records. Several people paid membership fees and the money was just pocketed. Now it could very well be the owner does in fact keep good records but I'm just basing this on my casual observations.
It got me wondering about how strictly businesses are monitored by the appropriate authorities. I presume the proprietor is supposed to be paying taxes on the membership fees. Who monitors it? Who enforces it? The same goes for all of the rental properties. Do people honestly report all of their rental earnings and pay taxes? What about all the colmados (sp?) ... do those people report and pay taxes?
I've always figured it's pretty much the Wild West here but thought I'd ask.
It got me wondering about how strictly businesses are monitored by the appropriate authorities. I presume the proprietor is supposed to be paying taxes on the membership fees. Who monitors it? Who enforces it? The same goes for all of the rental properties. Do people honestly report all of their rental earnings and pay taxes? What about all the colmados (sp?) ... do those people report and pay taxes?
I've always figured it's pretty much the Wild West here but thought I'd ask.