- Germany’s Finance Ministry has drafted a law requiring tamper-proof electronic cash registers with certified security systems from January 2027 for businesses with over €100,000 in annual revenue.
- The measure targets tax evasion and VAT compliance in cash-heavy sectors.
- Receipts would no longer be mandatory for transactions under €30, but the sale still must be recorded in the system.
- Violations could bring fines of up to €25,000, and software-based record manipulation could lead to prison terms of up to five years.
Source: fiscal-requirements.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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