NEWS | SDC

August 29, 2015

GREECE: Fake fiscal cash registers and data tempering

The Finance Ministry is planning to send tax inspectors back to businesses where auditors have been physically attacked. Inspectors have already received instructions for dealing with businesses where they face violence – which are usually the most likely to engage in tax evasion. The instructions state that the auditors can request police assistance at any time.

Checks in recent days have seen attacks on auditors on Myconos, including an incident at an island hotel where two tax inspectors were verbally and physically confronted. Angry hotel staff forcibly removed and destroyed their findings.

August 25, 2015

SWEDEN: Consumers do not care for paper receipts

Only four in ten always take receipt issued by certified cash register when they visit restaurants or cafes. When they buy clothing, electronics, books, or building materials, it is twice as many, 85%, who always ma
kes sure they receive confirmation of their purchase, according to a survey conducted by the Tax Agency. Women and older people are taking far more often than younger receipt and men.

Tax Agency’s interest in how often people look to get a receipt. Is there incentive in the desire to curb evasion in cash sector?

August 22, 2015

BULGARIA: Fiscalized fuel pumps not secure, why?

“The suspicions which I raised last week were proven true. There are gas stations, where 40% of the fuel offered is bad quality. Not to mention the presence of sulfur. The inspections will continue in all directions and everywhere,” the Prime Minister said, quoted by BGNES.

In most cases, the seals on the dispensers were placed so that they allow for release of test fuel without compromising the integrity of the device, Goranov said, pointing out that last week inspections took place at certain gas stations and a number of violations in fuel trade were detected.

August 18, 2015

Philippines: Cash Machines must be registered

The Bureau of Internal Revenue (BIR) has directed business establishments to submit an inventory list of all cash register machines, point of sales machines, special purpose cash machines and any other similar machines generating sales invoices as of June 30.

Internal Revenue commissioner Kim Henares said the move is in line with the agency’s efforts “to effectively supervise and monitor the issuance of sales invoices/receipts by business establishments and strengthen data management and capabilities that is vital in ensuring a reliable database of sales transactions.”

August 11, 2015

GREECE: Cash Registers with fiscal memory vulnerable to manipulation

It was reported that during 63 inspections carried out over the past days, Greek authorities encountered 33 violations and 39 offenders, while delinquency rate exceeded 50%.

Inspectors involved in the audits indicated that new methods are being implemented in order to conceal tax evasion. Several business owners are tapping into their cash registers in order to make their daily turnover appear lower than it really is, while also making it appear as if the business has issued the right amount of receipts. This decreases VAT revenue for the state, while authorities are not able to detect any form of tax evasion.

If receipt doesn’t contain verifiable signature committing a fraud is very simple, for example: POS software can be connected to more than one printer mechanism.