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Govt proposes fiscal cash register act

Autor: spez
ZAGREB, Nov 8 (Hina) - The government on Thursday adopted a Fiscal Cash Register Bill, with the aim of facilitating as of 1 January better supervision over cash transactions by the Ministry of Finance. The purpose of the proposed Act is to create conditions for supervision of cash transactions (issuance of invoices, sale of goods and services for cash), decrease possibilities of tax evasion and generally achieve a higher level of business IT technology particularly in catering and tourism where Value Added Tax (VAT) will then be reduced to 10%.

(Hina) sp

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