As we already announced, a new fiscalization known as virtual fiscalization (software-based) is expected in Zimbabwe. The authorities are working on regulations and more details, but certain general requirements have been introduced. The latest information is published by the Zimbabwe Revenue Agency, known as ZIMRA. Here are the additional particulars... More precisely, in the public notice from... Read more

Fiscalization in Zimbabwe is hardware-based; fiscal devices are used. But, at the beginning of 2023, some changes were announced in their National Budget plan. This refers to some changes in the fiscalization system (known as Virtual fiscalization) in terms of modernizing this system, introducing some new features, possible software requirements, a new system for controlling income, and similar. T... Read more

E-commerce is a booming sector in Estonia, a small Baltic country known for its digital innovation and e-government services. In 2021, e-commerce turnover in Estonia was 2.5 billion euros, and e-commerce accounted for 15 percent of total retail trade. There are over 6,000 e-stores in Estonia, and 98 percent of Estonians aged 16–74 use the Internet. More than 90 percent of the population aged 16–74... Read more

Estonia is a small Baltic country known for its simplified tax system. Much like lax tax regulation, there are no specific laws targeting fiscalization. This puts Estonia in the minority of European non-fiscal counties. While Estonia, known for its progressive stance on technology, has not imposed specific regulations surrounding the cash register (POS) environment, that does not mean there are... Read more

The purpose of this document is to present an overview of Estonia, a small, non fiscal Baltic country known for its simplified tax system. Has a proof of purchase had to be issued? Is there a communication with the tax authority? Read more

On March 15, 2023, Fiscal Solutions organized a free webinar on the topic of „Meet Fiscal Solutions – What is our core business?“. The webinar was held by Danilo Krstonijević, Account Manager at Fiscal Solutions. This webinar introduces us as an IT specialist for fiscalization and explains in detail what we do. Read more

The purpose of this document is to present an overview of fiscalization in Zimbabwe: is it mandatory? Is there a POS application certification? Are there some specific hardware requirements that need to be followed? Read more

The purpose of this document is to present an overview of fiscalization in Norway: is it mandatory? Is there a POS application certification? Are there some specific hardware requirements that need to be followed? Read more

In terms of volume, cash payments at the point of sale have decreased recently. Throughout the pandemic, this drop accelerated. 59% of transactions in 2022 were made in cash. Cash transactions made up 79% of all transactions in 2016, compared to 72% three years earlier. Cash, however, continued to be the most popular payment option at POSs in the euro region. For the first time, in 2022, when POS... Read more

Our fiscal experts provided this valuable overview of the fiscalization requirements in Ghana with precise and concise information about topics of high interest to retailers and POS businesses, such as general topics, fiscal devices, required functionalities, etc. Read more

The "Digital Transformation in VAT" conference has been organized and will take place on Wednesday, November 16, 2022, where national plans and various digital reporting models for specific countries will be introduced. One of them was for Sweden. More specifically, from the Swedish perspective, the future VAT reporting model was presented, but only in general and with no concrete information. One... Read more

On November 16th, 2022, IDSt held a conference on the topic of "Digital Transformation in VAT." In one of the sessions, the Belgian National Plan for Digital Reporting was revealed. This plan includes a proposal that the PEPPOL framework and a four-corner model for digital reporting be used in Belgium in the future. This plan also includes the introduction of mandatory e-invoicing, and it is se... Read more

Our fiscal experts provided this valuable overview of the fiscalization requirements in Moldova with precise and concise information about topics of high interest for the retailers and POS business, such as general topics, fiscal device, required functionalities etc Read more

The purpose of this document is to present an overview of fiscalization in Malta, what rules are applied, which kind of cash registers and printers can be used, are there some specific hardware and software requirements that need to be followed, etc. Read more

Our fiscal experts provided you with this valuable overview of the fiscalization requirements in Malta with precise and concise information about topics of high interest for the retailers and POS business, such as general topics, fiscal devices, required functionalities, etc What is the fiscalization type, is there an online communication with TA, is a certification necessary, etc. Read more

Public consultation regarding the proposals of the new amendments to the EU VAT Directive was held up to April 2022. After this consultation, the European Commission (EC) is set to publish a draft of the amendments to the EU VAT Directive this autumn. This will result in the extension of the current One Stop Shop (OSS) to all remaining cross-border B2C transactions and some B2B transactions. The a... Read more