- Four Levels of Compliance: The author outlines four distinct levels of compliance for retailers and POS software vendors, ranging from Level 1 (Reactive) where compliance is a last-minute burden, to Level 4 (Strategic) where compliance becomes a value-adding capability that enhances global operations.
- Challenges at Each Level: At Level 2 (Fragmented), compliance efforts are inconsistent and localized, leading to higher risks and costs. Level 3 (Connected) sees improvements with global thinking, but full harmonization is still lacking.
- Aim for Strategic Compliance: Retailers and POS vendors are encouraged to aspire to Level 4, where compliance supports innovation and operational efficiency, ultimately fostering rapid expansion and competitive advantages. The author’s book, The Fiscalization Compliance Maturity Model, provides a roadmap for achieving this transformation.
Source Darko Pavic
Click on the logo to visit the website
Latest Posts in "World"
- Book: The Essential Guide to e-Invoicing for Tax Professionals
- Global Developments in Electronic Cash Register Regulations: Regional Trends and Timelines (2025–2028)
- European Countries Adopt Real-Time VAT Reporting to Combat Fraud and Close Tax Revenue Gaps
- Global VAT legislative Changes as of January 1, 2026
- IMF’s Reverse Method: Estimating Global VAT Compliance Gaps Without Costly Audits Across 111 Countries
