According to the decision, the main objectives of this action of future introduction of new generation cash registers concern:
– fight against tax evasion;
– and enhancing transparency and healthy competition in this area.
As different generations of electronic cash registers (ECRs) have become tighter, it is becoming increasingly difficult to manipulate data after recording the transaction at the cash register. However, all ECR machines remain vulnerable to "skimming". Skimming is the process in which transactions are not recorded at the checkout and any receipts given to customers for these transactions, where given, are not generated by the secure ECR.
Expected benefits of the new generation of cash registers in Greece
Public
Greece
Author: Kristina Dosen
Category:
Fiscal subject related
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297
Content accuracy validation date:
26.05.2022
Content accuracy validation time:
09:37h
Content
The latest generation of secure ECRs is electronic (online) cash registers (OCRs). OCR systems send transaction data periodically or in real-time to the tax administration and can facilitate the detection of such practices by providing tax authorities with large amounts of data from part or all of the retail sector. This allows the tax administration to analyze the data through advanced analysis techniques to reveal patterns that indicate a higher risk of misuse of the tax register and underwriting of transactions. As more data is collected from the registers over time, the quality and efficiency of the algorithms in detecting anomalies for further investigation improves.
The project as a part of the National Recovery plan is considered to be due somewhere in June 2024, as the authorities have mentioned probably by the end of June 2024.
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