Government to connect vending machines to tax office

Budapest, September 3 (MTI) – The government will electronically connect food and drink vending machines to the national tax authority (NAV), according to a decree on the technical details, published in Friday’s issue of the official gazette Magyar Közlöny.

The economy ministry said in a statement that the market for vending machines will enter a new, online era in 2017, which will benefit not only the central budget but all honest market operators as well.

The machines have been registered earlier, which already whitened the sector to a considerable extent. Operators dismounted almost 5,000 vending machines operating without paying taxes.

The new measure aims to ensure that the sales data of the machines are forwarded to NAV, in order to prevent tricks and techniques designed to avoid tax payment, they said.

As a result, NAV will have accurate data on the turnover of the machines. It will be able to compare the information with tax return data submitted by the taxpayer, which will help reveal any hidden income and whiten the economy.

Source: MTI