Somewhat unrelated
http://www.untaxcanada.com
----- Original Message -----
From: "Terry Knab" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Saturday, September 16, 2000 10:28 AM
Subject: Re: Domain Name - Taxes
>
> ----- 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.
>
>
