The past five years have seen a rise in the fight against VAT fraud. With this, a lot of things had to be changed as well – for example, a better tax monitoring system had to be implemented, as well as systems that would successfully eliminate unfair competition. Unfair competition […]
QR Code and Its Pandemic Importance
Although not quite a novelty in any industry, it took a very long time for the world to embrace QR codes as a better version of barcodes. The popularity of QR code has been steadily rising in the last few years, but the COVID-19 pandemic definitely marked its new era. […]
The State of Fiji Registers Its 200 Millionth Receipt – And Here’s Why That’s Important
In 2017, Fiji Revenue and Customs Services (FRCS) and Data Tech International (DTI) struck a deal that would completely change the fiscal and tax collection system in the country. The State of Fiji had to not only enact Vat Monitoring System (VMS) law but the overall fiscal culture and the […]
EU’s Tax Recovery System and How TaxCore Can Help
Developed countries in the West owe their fortune to the fact that paying taxes has become an integral part of the system. It is an obligation most of modern citizens are taking seriously, especially in the richest economies. The formula clearly says, the higher the tax revenue, the better the […]
TaxCore vs Electronic Sales Suppression (ESS) Software
Even though laws against electronic sales suppression software have been elected in most of the United States, (NY State introduced it almost a decade ago), the battle against ESS is still on-going. This is naturally not a result of an ineffective government; we are witnessing a lot of states doing […]