Saturday, August 21, 2010

Quebec Government mandates new sales recording system to fight tax evasion

MONTREAL - Steven Raymond says it's a good time to be in the business of selling cash registers and point of sales terminals to restaurants.

That's because about half of Quebec's estimated 20,000 restaurants will be required to upgrade their equipment in the next 14 months to conform to new rules to fight tax evasion in the industry.

"We don't know how many new customers we're going to get," said Raymond, the sales manager for POS Terminal 2000, based in Rivière des Prairies. "It will depend on our capacity to install everybody. There is going to be a big bottleneck at some point for the whole industry."

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