Behind net curtains
13 September 2012
On-line companies are making millions and governments are keen to cash in. But how do you collect tax in cyberspace? International consensus is vital for meaningful e-commerce tax laws
The taxation of e-commerce (transactions concluded over the Internet) poses a novel challenge to governments worldwide as they seek to collect tax without stifling trade. The problem itself, of course, is not new, the Internet has just given it a different form.
In a domestic context, the most inflexible regulations will not maximise tax income if they...