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“E-send,” the systemfor receipt transmission to the Independent Authority for Public Revenue (AADE), is being upgraded so as to flag suspicious patterns that may point to tax evasion.
This is the very system that last month led to the identification of 29 nightclubs that declared a lower turnover compared to their actual takings, as confirmed by the on-site inspection.
Soon, businesses that do not transmit receipts to the AADE’s e-send electronic system will turn “red” in the system. Essentially, tax inspectors will be able to know which businesses have sent receipts, whether a business’ turnover has decreased compared to the industry average, etc.
The data collected by e-send will be evaluated and will direct the audit mechanism. This does not mean that as soon as the AADE system raises an alarm, the inspectors will rush to conduct an audit. This is because the criteria will be evaluated, such as whether the business is seasonal, etc, while for example a small business may be closed due to the owner’s illness.
Obviously, there will be a reasonable period of time before the mobilization of inspectors, who will simultaneously evaluate and prioritize the cases to be audited, depending on their severity.