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What is i.EKA?

Have you ever heard of i.EKA? It is one of the seven parts of the intelligent Tax Administration System project program in Lithuania. The aim of the project is to reduce the administrative burden on business, increase the efficiency of the State Tax Inspectorate and reduce the size of the shadow economy by modernizing and optimizing the use of cash registers with technical and software solutions, creating and implementing new electronic services. Currently, as part of a new fiscalization concept, announced are possibilities of using two types of technical solutions for registering payments made by cash or card and other virtual solutions of payments linked to cards.

Source: jbfiscalconsulting.com

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