Marc Schneiders said:
> I presume the European rule that no VAT is to be charged to customers
> outside Europe has to do with being competitive. The Australian
> registrars apparently do not need to be competitive :-)
It's more to do with territorial jurisdiction in relation to the tax
legislation. You can't tax people outside your own country unless there is
some genuine linkage (like dividends subject to with-holding tax) otherwise
countries like Australia would just tax everybody in the world wherever they
lived.
As far as Australian registrars are concerned see the following story:
Head of Melbourne IT falls on his own URL
By Ben Potter, The Australian Financial Review, Friday 15 SEP 2000
http://www.afr.com.au/information/20000915/A529-2000Sep14.html
Melbourne IT confirmed its status as the fallen glamour stock of the year
yesterday when the internet domain name company revealed a further
deterioration in trading and parted company with its chief executive,
Professor Peter Gerrand.
The company's shares slid 8 per cent to $2.75 - just over one-sixth of the
$16.37 peak price touched at the height of internet euphoria in March -
after chairman Mr Rob Stewart admitted full-year profits would be likely to
fall short of the prospectus forecast.
<snip>
Regards
Patrick Corliss
