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Records Keeping Obligation

It is mandatory to keep full and unchanged up-to-date records of all transactions that may affect taxpayer’s liability to tax and/or entitlement to deductibility for the period of 6 years.

Cash register must be able to:

  • display
  • print and
  • reproduce in an intelligible form all previously recorded transactions.

Source: jbfiscalconsulting.com

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