This stuff is fun!
Bottom line: we can not advise you on taxation wrt your business, it would
be improper of us to do this. When in any doubt, consult a local tax
professional.
Regards,
sA
At 09:44 AM 9/16/00 -0400, [EMAIL PROTECTED] wrote:
>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.
>
>(following websites provided courtesy of SAllan...thanks)
>http://www.ad.ic.ac.uk/finance/manual/vat.htm
>http://www.netaccountants.com/taxsummary/taxdata-vat.html
>
>Does this mean there is a possibility that all domain names
>other than .com, .net, and .org will eventually be monitored
>for sales taxes by the country in which the domain name
>originates...with .com, .net, and .org eventually being taxed
>by the new world government that's being organized in Europe?
>
>Can't wait to follow this thread.
>
>
>Russ
>
>
Scott Allan
Director OpenSRS
[EMAIL PROTECTED]
