Austrian RKVS (Registrierkassensicherheitsverordnung)

17.673.999Austrian Cash Register Security Regulation (RKSV) is currently in its second phase of implementation (phase one – 2016 obligation to have cash register, record transactions and issue receipts, phase two – 2017, the cash register must additionally be equipped with a technical security device).

Michael Engelbert, public manager in Austrian Ministry of Finance declared this month: ”Introduction of RKSV, started with outrages opposition, but after year and half merchants have settled, although they still say its a bad idea. We estimate that 85 percent of merchants already have a cash register and data security solution. Income is rising, currently very strong. Is it caused by economic growth or by reduction of the gray economy, it cannot be precisely determined. “

Financial police goes to routine checks examining if sellers are issuing genuine receipts. When inspector detects a violation of the law, he/she will report it to the financial administration and it will initiate the tax audit.

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Czech Republic: Fiscalization in slow mode


The Constitutional Court of the Czech Republic has reviewed the requirement on the constitutionality of the law on Electronic record of sales („zákon o EET”). The final decision of the court is that the law as a tool for regulating sales control is overall good. On the other hand, it has been concluded that there are some flaws in the law concerning the privacy of citizens and that attention must be paid to the content of the invoice that is a public document.

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Fiji Vat Monitoring System project goes live January 1st


Fiji will soon join the growing number of countries that will start the fiscalization process, as of January 2018. Earlier in June this year, Regulation was officially published.

From January 1st 2018 all supermarkets and pharmacies will have to comply with the Regulation. Each sales point will be monitored by an EFD (Electronic Fiscal Device) that issues a digitally signed invoice and performs remote transfer to a dedicated tax administration server in Fiji. This invoice can be verified and stored on tax administration server in a digital form for an unlimited time.

The EFD under the Regulation must be accredited. Requirements for that are minimal and the time that developers have to fulfill in its adaptation is short, especially for the computerized POS developers. FRCS is inviting vendors to register and test their solutions with Tax Authority.

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CZ: Fiscal receipt lottery as incentive

20151016144114-sa2With the desire to increase the popularity of electronic fiscal receipts, citizen survey was conducted in May this year with goal to assess citizen’s affection for the introduction of fiscal lottery. Three-fifth of citizens considered introducing fiscal receipt lottery as positive measure. A majority of the public (55%) is interested in joining a lottery. Senior citizens are more likely to participate (60%). The willingness to participate in a receipt lottery does not differ between men and women or between different educational groups.

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Czech Republic: EET – online fiscal cash registers


ONline Czech model


Electronic record of sales (EET) in Czech Republic started with first group (hotels and restaurants) in December 2016 and continued with second group (retail and wholesale) in March 2017. Next two business groups will follow up from next year. According to the latest information by the end of August more than 2.5 billions receipts were issued from more than 155,000 taxpayers.

For more information about EET legislation visit our fiscal encyclopedia.