Public argument about the Draft Law on fiscalization in the turnover of products and services will begin today and it will be on until October.
The Draft envisages the establishment of the system of electronic fiscalization which includes all types of turnover, no matter the type of payment.
The study on the effects of the introduction of electronic fiscalization is expected to be conducted at the same time with the public argument.
After the system starts functioning partially in 2019, budget inflow of more than 30 million EUR can be expected. This inflow might be even bigger when the implementation of the system becomes complete.
The Government announced earlier that half of the old-type cash registers will have to be replaced, since they won’t be able to support the new software. The new system will introduce new cash registers and the costs will be lower.
However, this Law might also represent a business barrier in some sense since it refers to business activities with cash only.
The Law stipulates that fiscal cash registers be replaced with computers and Tax Administration shall approve every transaction before it is carried out. This is fine with cash payments, or payments with banking cards. But there are also invoice payments for which the lawmaker prescribed the same procedure. The situation becomes more complicated in the case of those who are not obliged to use fiscal cash registers but rather issue invoices. They must request a code for the invoice which is given to them by Tax Administration. Once they get the approval from the Tax Administration they attach it to the invoice and take it to Tax Administration.
Persons who sell tickets in the traffic, sell their own fruits and vegetables at the markets, perform banking activities, sell electricity, water or gas and so on, are not obliged to use fiscal cash registers.
