Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Thanks! European red tape madness strikes again... At least in France cash registers are not mandatory (for now...) so there is a way around this madness.



This is a bit more than just red tape madness, it's a strategy to make businesses more transparent. This is about trying to reduce non-reported transactions and too many people dodging their reporting. Even if the rules for cash registries and reporting are detailed, a) that's not really expensive for businesses - it's easy to automate and there are quite a number of competitors; b) compared to accounting and tax rules, they are dead simple.

Receipts or invoices are the basis for a firm's whole economic activity, including the underpinning of their financial reporting, their tax burdens etc. And businesses failing to provide receipts erodes not only the tax base, but also any rights a consumer may have.


The thing with red tape madness is that it is always perfectly justified.


Its actually less red tape. Getting a second copy of a given invoice is trivial, processing of invoices for tax rebates is also mostly automatic (such as health and education expenses); tax invoicing uses well-defined formats, so its trivial to migrate between systems, and perform all kinds of analysis. Also, it increases transparency - you know that eg. the VAT you're paying is not ending in the vendor's pockets.


What red tape madness are you even talking about?




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: