Another Scam from NBU - Entrepreneurs will be Robbed by New Cash Registers

Tax officials want to know how much money a business makes "on the spot".

Another innovation in the tax system in the country - in 2013, the introduction of cash register equipment with electronic control tape caused a wave of panic among Ukrainian businessmen . No wonder, because in Ukraine there are 152 thousand entities, using about 280 thousand of cash registers, and they will be merged into the system. Censor.NET figures out the essence of the reform and how the Tax Service and the NBU are planning to monitor this time.

The situation was explained to the chief of department of the tax control of Ministry of Income Serhii Krukhmalev: The practice of using electronic control tapes is wide spread in the world - in Russia since 2002, in Slovakia since 2010, similar systems have been operating in Italy, the UK, Turkey, Canada, Georgia and other countries. The advantages are obvious for the state - it is a much better control system. However, this system creates far greater convenience for entrepreneurs.

Despite the fact that in trying to give a positive coloring to the reform, our sources at the National Bank of Ukraine claim that the secrecy of the project of the electronic control tape is due to the corrupt interests of commercial structures close to the leadership of the NBU.

One of the operators of the market agreed to tell how the authors of the scheme plan to split the profits. Under the planned scheme a monthly fee for the operation of cash registers with the modem should be at least 100 UAH extra for each register. 40 of them will go to the organization serving the cash register, 30 to technical acquirer (remember these are only two - UkrCard and Interplat) and 30 - to one of the two authorized providers of communications. There is no information on tenders to connect the cash registers to the Internet in the Bulletin of Procurement.

Let us make a simple calculation: 280 thousand cash registers. Monthly fee, if the unofficial evidence is correct, should be 28 million UAH. Of these, about 8.4 million will go to the account of acquirer. Operating costs will be small - acquirer is responsible for the technical support of servers and software. 30 UAH for each cash register, if the scheme is implemented in practice and the numbers become official - this will be, in fact, royalty, net income of the project. 8.4 million UAH per month, or over 100 million a year at a penny operation cost ... Good money. Similarly, the issue has not been elucidated regarding the provider, the planned share for connection is also extremely profitable. And if we get a share of the service organization ... I'm sorry, but why should the Ukrainian businessmen have to pay this money?

Based on the above, the National Bank of the public shall immediately disclose all details of the project implementation of the electronic cash register tape. And regulatory authorities shall verify the legality and validity of the procedure for determining the technical acquirer, and scheduled rates for operation of new cash registers.