The Federal Government has quietly dropped its controversial ban on cash transactions over $10,000.

The move would have seen  businesses face gaol terms of up to two years and fines of up to $25,000 for making or accepting large cash transactions 

The CPA was among many groups to make a submission against the proposal.

Luke Grant spoke to the CPA's tax expert Elinor Kasapidis who wrote their influential submission about the problems with the proposed legislation.

Listen to the interview.

The Federal Government has quietly dropped its controversial ban on cash transactions over $10,000.
The move would have seen &nbsp;businesses face gaol terms of up to two years and fines of up to $25,000 for making or accepting large cash transactions&nbsp;
The CPA was among many groups to make a submission against the proposal.
Luke Grant spoke to the CPA's tax expert Elinor Kasapidis who wrote their influential submission about the problems with the proposed legislation.
Listen to the interview.

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