----- Original Message -----
From: <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Saturday, September 16, 2000 8:44 AM
Subject: Domain Name - Taxes
> Discuss List:
>
> I seem to be the only one surprised or concerned about the
> taxes (17.5%) on the .uk domain names. My understanding
> (and I'm sure I'll be chastised if I'm wrong) :) is that anyone
> selling a .uk domain name will be taxed on the sale (the cost of
> which is passed on to the buyer) and the new owner of the
> name is taxed on everything he sells on his website.
This is one of the biggest reasons I refuse to get into the business of
selling .uk domain names. I do NOT want to have to deal with the problems
of VAT and all the technical challenges it may pose.
I also will NOT be selling .ca domains because of GST. Since I'm in the US,
why do I need to worry about having to split up my revenue across the world?
I'm just glad the US doesn't have this kind of BS in place.
One thing that makes these kind of taxes practically impossible to enforce
is that if a client doesn't want to deal with GST or VAT, they just go
register a .com/.net/.org and be 'global' and no one knows the difference.
On that same thought, some of the other domains like .tv and the like are
also popular ones for people not keen about these tax issues.
Its like porn and gambling sites. Most of them are illegal in the US, so
the owners just 'based' them in some nice Eurpoean or Caribbean country just
to keep the US government from interfering with them (and the machines are
physically located in the US in several cases)
Just because a law is passed doesn't make it any harder to avoid.
