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›