The July amendments to Federal Law 54-FZ “On using cash register equipment” have raised many questions from the business community. The Federal Tax Service has issued clarifications on the most frequently asked questions.
Companies should be aware that cash register equipment is not used in the following cases:
when a company pays monetary funds to an individual for his/her services supplied under independent contractor agreements;
when an employee is paid monthly salary, financial aid and other payments;
when an employee is given monetary funds on condition of accountability; and
- when an employee returns monetary funds he/she did not spend, and which were given to him/her on condition of accountability.
Consequently, most companies whose clients are legal entities do not need to use cash register equipment in their settlements.
Acsour’s experts are always ready to advise you on complicated cases of applying legislation.