Missed Fiscal Regulations Can Close Your Stores Abroad
A retailer can get everything right in a new country and still be shut down over how it records a sale. The culprit is fiscalization, the rules for how every transaction gets reported to tax authorities. More than 100 countries have these rules, and no two are the same. Most were written for the cash register and have been patched country by country as retail went digital. A system that works in five markets can fail in the sixth. On this episode of Global Lens, Senior Retail Analyst Lavina Suthenthiran sits down with Marko Bogdanović, Marketing Lead at Fiscal Solutions, to explain why…
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