Electronic Records of Sales (ERS)

12. 1. 2016

The approval process of one of the most controversial bills has, yet again, been decelerated as the Parliament postponed the approval procedure session to 22 January.The main aims of the ERS philosophy are to fight the shadow economics in the Czech Republic and to prevent revenue cuts. It is based on recording all cash payments to the central database of the Financial Authority using Internet connection.

When (or perhaps, IF ever) the bill is pushed through by the Government is yet to be seen since the Opposition disagreement is voiced rather vehemently.

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