>Gordon wrote:
>
>> It's funny that most of the rest of the world doesn't seem to fall into
>> this trap. For instance, I'm in Canada. I had a call today from a woman
>> whose in-laws own a hotel in Turkey. They're interested in a web site to
>> attract more clients from England. How's that for global thinking? ;-)
>
>And what happens when you have a New Zealand-based client with
>a British-oriented service operated off a server in the US with the
>ecommerce stuff processed in Bermuda? Who gets what taxes??
And this brings up one of the most interesting issues about online businesses.
Over the next few decades, governments are going to see their corporate tax
revenue start to dry up, and they are going to have to turn to other
sources to support themselves. It is simply becoming impossible to
effectively tax online businesses that have various components of their
organization located in multiple places around the globe.
As people become more adept at working together without all being located
in the same place, and long distance telecommunications grows even less
expensive and more powerful that it is now, businesses will be composed of
individuals dispersed around the world.
Now try to figure out how to tax their economic output.
Barry
--
Barry Lee Brisco <mailto:[EMAIL PROTECTED]>
Web Design & Development - Online Marketing <http://www.ToTheWeb.com>
Web portfolio at <http://www.ToTheWeb.com/portfolio.html>
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