Electronic record of sales in the Czech Republic

2016, NewsBy dan103065Wednesday June 22nd, 2016

After long political discussions, the Czech Republic has adopted a law on the electronic records of sales (EET) in April 2016. The State receives immediate information about all cash transactions of entrepreneurs. Is the risk of potential misuse of such information and benefits of fair tax collection really outweighed? Are these initiatives, along with international…

Austria: The introduction of cash registers from May 2016

2016, NewsBy dan103065Wednesday June 15th, 2016

In Austria, companies that exceed a certain amount of sales have to use a cash register from the beginning of May, 2016. The following article gives a detailed overview of the situation. There were, and still are, long discussions about the obligations of the introduction of cash registers in Austria. Some small entrepreneurs even filed…