The cash receipt deduction scheme was introduced to enhance transparency in cash-based
transactions which account for a significant portion of total commercial
transactions despite various strategies implemented by the government to promote the
active use of credit cards. To complement the credit card income deduction scheme, in
1999 the government considered launching the scheme called the ‘tax card’ scheme
as
one of its strategies for reducing owner-operations’ cost burden, i.e. credit card
commission fees, which were increasing with the growth of credit card transaction uses.