Earlier this year Czech government announced that it will repeal the Act on the Registration of Sales and, therefore, abolish the EET system. Minister of Finance Zbyněk Stanjura stated „In the government’s program statement, we committed ourselves to abolish EET, because it brings unnecessary administration to entrepreneurs, which together cost and operate cash register equipment costs about 1.5 billion crowns every year. If you add the total cost on the part of the state of about half a billion crowns a year, I see no reason to continue in EET. All the more so because, by law, it is only allowed to record cash sales, which, according to estimates, should be only about one-fifth compared to non-cash payments in 2025. Logically, over time, the hypothetical budget contribution of EET to the state budget is close to zero.“
Source: fiscal-requirements.com
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