{{ _("Advantages for governments") }}

{{ _("Taxable") }}

{{ _("Taler is an electronic payment system that was built with the goal of supporting taxation. With Taler, the receiver of any form of payment is known, and the payment information comes attached with some details about what the payment was made for (but not the identity of the customer). Thus, governments can use this data to tax buisnesses and individuals based on their income, making tax evasion and black markets less viable.") }}

{{ _("Secure") }}

{{ _("Taler's payments are cryptographically secured. Thus, customers, merchants and the exchange can mathematically demonstrate their lawful behavior in court in case of disputes. Financial damages are strictly limited, improving economic security for individuals, merchants, the exchange and the state. Most importantly, an independent auditor can ensure that there is no "bad exchange" within the Taler system who might threaten the economy due to fraud.") }}

{{ _("Libre") }}

{{ _("Taler is free software implementing an open protocol standard. Thus, Taler will enable competition and avoid the monopolization of payment systems that threatens global political and financial stability today.") }}

{{ _("Efficient") }}

{{ _("Taler is designed to be efficient. Unlike timeline-based payment systems like BitCoin, Taler will not threaten the availability of national electric grids or (significantly) contribute to environmental pollution.") }}

{{ _("Taler as seen by governments") }}

{{ _("Governments can observe traditional wire transfers entering and leaving the Taler system, and require merchants and exchange operators to provide certain information during financial audits. Exchange operators are expected to be permanently checked by auditors, while merchants may be required to reveal information during regular tax audits. Information available to the government includes: ") }}

government perspective