'%20/%3e%3ccircle%20cx='427'%20cy='150'%20r='426.5'%20stroke='white'%20/%3e%3ccircle%20cx='435'%20cy='251'%20r='426.5'%20stroke='white'%20/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_2073_57'%20x1='165.5'%20y1='-156'%20x2='624'%20y2='669.5'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%230692FC'%20/%3e%3cstop%20offset='1'%20stop-color='%231276F9'%20/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e)
Fiscal Data Core (FDC) is a comprehensive solution for improving and digitising key administrative processes of tax authorities, new tool for digitalisation of fiscal data filing and reporting to tax authorities for enterprises of any size in retail and sales and beyond.
By integrating modern data managing tools FDC is developing a new version of the tax administration process through digital transformation, which leads to increased tax administration capabilities, efficiency and speed of processing large data streams (in various formats) and complex taxpayer actions.
Due to the high expenses of servicing cash registers, not all vendors pay taxes and use cash registers.
There is no data about revenue or information about financial transactions of a corporation online, it is provided solely in the tax declaration which is being sent to the tax authorities once a month or once a half of the year.
Tax authorities use many resources to administer VAT.
High professionalism of tax officials for periodic taxpayer audits is required.
Risk of corruption due to the interaction of tax officials with owners of cash register equipment.
There are no regulations and laws on the use of cash register equipment.
Many models of cash registers are outdated.
Only cash register equipment has cashier receipt storage.
The format and fields of fiscal documents (cashier receipt) are not standardised.
Online exchange of information with the tax authority: Revenue, Reporting, Receipts.
Reduced number of field tax inspections with “Risk-oriented model” aimed at yearly prediction of possible violations.
Opportunities to use Big Data for creating “smart-map” of socially important goods and services, price control.
Increase of the reputation in international organisations (OECD, FATF) and boost in transparency and digitalisation ratings in the world.
Opportunities to use Big Data for creating "smart" advertising, launching "smart" customer loyalty programs.
Direct marketing and targeted advertising.
Digital tools for business management: easy control over business, small and medium.
Online exchange of information with the tax authority.
Reduced number of field tax inspections
Process of comparing of data transmitted to the tax authority with internal reporting will be more efficient.
Business digitalising.
Fast and convenient validation of fiscal receipt and the ability to report violations to the tax authority in real time.
Making a personal budget based on purchase history.
Obtaining and storage of electronic fiscal receipts for confirmation of purchase.
Prices on socially sensitive and important goods and services are under state supervision.
Participation in special promotions for receipt checking.