NEWS | SDC

November 10, 2015

FIJI: FRCA invests $5mil in online tax monitoring system

Fiji loses over $150m annually due to fraudulent practices by some businesses in the country.

Some supermarkets were into “creative accounting” by having additional cash registers and allegedly falsifying sales data, which were not in the company’s books of records.

Fiji Revenue and Customs Authority (FRCA) has stated it will treat any falsified VAT return with all seriousness and offenders will have to face the full brunt of the law including imprisonment.

October 6, 2015

Belgium: Inspections to verify FDM activations

Between September 15 and October 15, 2015, auditors from FPS Finance will visit some horeca (hospitality) taxpayers, who according to FPS Finance records already have an active certified cash register system.

During these visits, they will copy the data from Fiscal Data Module (FDM) and certified cash registers.

September 4, 2015

Croatia: Is zapper still available?!

In August, the Croatian newspapers have published two articles. Both speak of the increased tax inspection activity which are resulted by the report obtained from the Croatian online tax system.

1) Over 300 inspectors are on the hunt for tax evaders from Dubrovnik to Istria, the rest of Croatian taxpayers are peaceful

“The field inspection on the Adriatic Sea takes place literally day and night, and during surveillance special smartphone applications are used which in real time monitor whether invoicing on fiscal cash registers correspond to the real situation in the shop.

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?