What's the benefit of giving a cash discount to the seller?

cash -discount

There are cases where you give a discount if you pay in cash.

Consumers can buy it cheaplyBut what are the benefits for the seller?

I wonder if you can make profit even with a 10 percent discount.

330 2018-10-05 Gentleman

A. 1

You'll benefit from tax evasion because you don't file your income

Gentleman 7 years ago 0

A. 2

10% is VAT
Consumers don't pay VAT
The seller pays less income tax because he doesn't report VAT, so he subtracts sales and makes it seem like he has less sales

Gentleman 7 years ago 0

A. 3

Thank you for the detailed explanation

Gentleman 7 years ago 0

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