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No More Cash Register Integration with Payment Terminals by 2024

  • New draft law UD125 abolishes the requirement for businesses to integrate cash registers with payment terminals by 2024
  • Settlement agents will now be responsible for reporting transaction data directly to tax authorities

Source: vatcalc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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