The electronic cash register system popularly known as “EET” introduced to counter the grey economy and tax fraud brought some 12.3 billion crowns into state coffers last year, Czech Finance Minister Alena Schillerová (ANO) said on Thursday.
The ministry in September had projected that receipts from the online sales-reporting system would be some 600 million crowns lower, she said. Compared to 2017, last year’s EET revenue increased by 4.4 billion crowns.
The EET system was introduced in stages, starting in December 2016, when it applied only to restaurants and accommodation facilities. As of March 2017, it also became mandatory for wholesalers and retailers.
The planned third and fourth “waves” will affect craftspeople and food producers such as farmers' markets. These are unlikely to take effect until 2020.
Czech Ambassador to Ethiopia Pavel Mikeš: ‘If you wait long enough, an egg will walk on two legs’
New debate erupts over use of -ová suffix in Czech female surnames
Archaeologists find unique grave of Roman era warlord in Uherský Brod
The Czechoslovak occultist plot to kill Hitler by magic
Czech companies struggling with labour shortage