Avatar Technologies Ltd Information

Avatar Technologies Ltd (ATL) is a company specializing in the development and implementation of electronic fiscal solutions that optimize tax compliance and collection for the benefit of both governments and taxpayers in emerging and developing countries. http://avatar-technologies.com Our mission is to empower these countries, both financially and socially, by allowing them to access the data they need in order to accurately and efficiently evaluate and collect the tax revenue owed to them by the retail sector. By doing so, we allow them to leverage their domestic tax resources in order to reduce their dependence on foreign aid and to finance their development. In order to achieve this objective, ATL developed the Electronic Fiscal Device (EFD) solution, an open, integrated and secure platform for the recording, collection and centralization of sales- and tax-related data. This solution covers all areas of the retail sector. The core of the Avatar solution consists of a Cloud-based tax data ecosystem that is controlled by government authorities and powered in real time by the latest generation of electronic transaction-recording devices. What makes Avatar’s EFD solution unique is that it allows governments to bring the consumers into the compliance circle, by introducing a Fiscal Lottery incentive program that rewards those who demand their purchase receipt at the point of sale. At ATL, we understand that even the best EFD solution cannot succeed without the taxpayers participating directly in the benefits of their compliance. Our solution has thus been designed with a number of benefits for the taxpayers themselves: it eases the compliance burden, improves the cost-effectiveness of compliance and creates value for the taxpayer through beneficial services