John Yin of Everett has admitted to fraud and conspiracy charges and agreed to pay more than $3.4 million in restitution after selling software that helped restaurants hide cash sales to reduce their tax payments.
He pleaded guilty in U.S. District Court in Seattle on Friday to one count of wire fraud and one count of conspiracy to defraud the government.
Read More›Restaurateurs and hoteliers from midnight on December 1st until 09:00 have sent to the servers of Financial Administration 468,000 receipts. According to earlier estimates the first wave of fiscalization by EET affected 40,000 taxpayers.
“EET operation is running smoothly and without any problems. Response time from central system is on average far below one second, even less than a tenth of a second” said TA’s spokeswoman Petra Petlachová.
Read More›
Poland is one of the oldest fiscal countries using fiscal cash registers and fiscal printers. In period of 25 years there was no technological advancement, all devices were based on fiscal memory. Poland is country with approximately 2 million cash registers, among which 600.000 have twin-roll printer (receipt and paper journal roll).
According to Eurostat statistics shadow economy in Poland is estimated at 50 billion zł (more than 11 billon of EUR).
Read More›
After years of hesitation, the federal German government takes up the fight against manipulated receipts. Until the draft bill, (“A draft law for protection against manipulation of digital recordings”) presented in March 2016, there was no special requirements in Germany, to deal with manipulated cash registeres. The lack of this regulation resulted in a growing number of taxpayers found to be manipulating sale data records from year to year. Recently, in July 2016, the draft bill was supplemented with amendments which was further defining the individual articles of the previous draft bill and prolonging date of the law implementation.
In March this year, after exhausting debates, the Government of the Czech Republic adopted a fiscal law “Act on Registration of Sales 112/2016”. See our encyclopaedia for more details.
Delay in official decision did not stop competent revenue departments to work on fiscal processes preparations. For this reason, until today, lot activities had started and accomplished.
Read More›Restau
rateur Zai Jian Liang, who runs Tasty Zone Restaurant in East Tamaki, filed 113 incorrect tax returns between 2009 and last year.
An Inland Revenue investigation found Liang and his wife Guan Hong Liang failed to declare more than $1 million in cash sales and about $500,000 in PAYE.
The couple also fraudulently claimed $30,000 in Working for Families tax credits.
Read More›
Six months after the launch of the online certified cash registers in Slovenia, number of certified receipts is stabilized at about 3 million per day. Already more than half a billion receipts are signed and stored with Revenue Authority up to now.
Read More›
Bourgas, on the Black Sea, June 14 (BTA) – The National Revenue Agency (NRA) is tightening the control over compliance with tax and social security legislation along the Black Sea coast during the summer tourist season, the Agency reported Tuesday. The goal is to shed as much light as possible on the tourism sector and ensure proper revenue taxation and payment of social insurance contributions. NRA employees will be deployed to the Black Sea from other parts in the country.
The government may distribute Electronic Cash Register (ECR) and Point of Sales (POS) machines among traders to prevent evasion of value-added tax.
The traders, who are eligible to use such electronic machines, have to collect those machines mandatory from the government and use them at their selected stores, so no traders can evade the VAT or manipulate the transaction records, said officials.
The government is planning to introduce the system in the wake of rampant VAT evasion across the country.
Read More›
Late last year, Mr. Slim Chaker, Tunisian Minister of Finance, announced the changes with the introduction of the fiscal law for the year 2016: “Several decisions will be taken in the year 2016 to fight against tax evasion, including the adoption of cash registers in cafes, restaurants and hotels, to get true amount of sales.” Cash registers should be directly linked to the Ministry of Finance.
The idea is, according to the Minister of Finance to “put pressure on fraudsters and to prompt Tunisian consumer to demand its receipt.”
Read More›