> From: Barry Lee Brisco[SMTP:[EMAIL PROTECTED]]
> Reply To: [EMAIL PROTECTED]
> Sent: Wednesday, February 24, 1999 7:35 AM
> To: [EMAIL PROTECTED]
> Subject: RE: WC:>: new member
>
> >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.
>
this isn't that different from taxing "imported" cars differently from "domestic" cars
-- point of assembly is one thing, origin of "parts" is quite another. the solution in
this case (cars) was for 'foreign' manufacturers to build plants here. now, of course,
is a chrysler product "domestic" or "foreign" (based on company ownership).
i think the entire tax structure will be overhauled -- no crystal ball on what it
might look like.
kathy
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