Greek government to require POS terminals for some business sectors

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The Greek government will soon require certain business sectors to complete transactions electronically with point-of-sale (POS) terminals in an effort to curb VAT tax evasion.

The report was published in Avgi, a daily newspaper affiliated with the Syriza party.

The published report lists the following sectors that will be the first to require POS transactions: restaurants, cafes and bars; repairs by craftsmen; private school tuition; language and learning institutes; apparel shops; lease payments; beauty salons; gyms; legal and medical services; telecom services and utilities; and gaming businesses.

According to the report, this first wave of requirements will go into effect in June.



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