Total views : 145
Taxing E-Commerce Transactions: A Global Perspective
The study discusses the important concepts woven around the idea of e tailing and taxation policy measures and aims at coming up with a conclusion which will help further to determine the appropriate tax policies for e retailers keeping in mind the global framework. The study aims at discussing the concept of Internet Taxation, E-Retailing laws and regulations in Global Context. The study also discusses broad outlines relating to taxability of E-Retailing transactions from VAT and CST angle under different scenarios and arguments in favor and against of taxing the e tailing transactions. The study also discusses important acts passed in different economies for taxing online retailers including Marketplace Fairness Act 2013 (Passed in USA to make it easier for states to collect web sales taxes) and Internet Tax Freedom Act. It is concluded by discussing the possible effects of the online retail tax. The task of taxing commerce on the Net is daunting, since the data flowing through the vast annals of the Internet is intangible and the network on which it is built is spread over. Despite the divergence of method between traditional commercial transaction and e commerce transactions. It is essential to conform to the neutrality of taxation. As techniques of e-commerce progress, the situations become more complex.
E-Retailing, Global Taxation Policy, Internet Taxation, Online Retail Tax.
- Kemp, J. (2000). Governors’ scheme to tax internet is questionable and unsound. Retrieved 22 Jul 2015 from http://www.caltax.org/MEMBER/digest/mar2000/mar00-2.htm
- Kyu Lee, J., & Hwangbo, Y. (2000). Cyber consumption taxes and electronic commerce collection systems: A canonical consumer-delivered sales tax. International Journal of Electronic Commerce, 4(2), 6-82.
- Li, J. (2003). Consumption taxation of electronic commerce: Problems, policy implications and proposals for reform, 38(3), 425.
- Maguire & Steven (2011). State Taxation of Internet Transactions. Congressional Research Service Report R41853. Retreived 23 Jul 2015 from http://www.fas.org/sgp/crs/misc/R41853.pdf.
- McLure, Jr., C. E. (2003). The value added tax on electronic commerce in the European Union. International Tax and Public Finance, 10(6), 753.
- Ngoy, J. M. (2003). Is international e-commerce an HIV tax issue? International Journal of Services Technology and Management, 4(1), 53.
- OECD Committee on Fiscal Affairs (2000). Electronic Commerce: Implementing the Ottawa Taxation Framework Conditions.
- OECD Committee on Fiscal Affairs. (2000). Clarification on the Application of the Permanent Establishment Definition in E-Commerce: Changes to the Commentary on the Model Tax Convention on Article 5.
- Maguire & Steve (2005). Congressional Research Service: Report for Congress: State and Local Sales and Use Taxes and Internet Commerce. Retrieved 18 Mar 2015 from http://www.ipmall.info/hosted_resources/crs/RL31252_050128.pdf
- Shelton, A. (2001). Should State and Local Government Tax E-commerce. Retrieved 16 Feb 2015, from http://www.aarp.org/research/economy/taxation/aresearch-import-393-INB41.htm
- There are currently no refbacks.