Buying Online: Taxing problem of Net buying
Tuesday 29 September 1998
Regulation is needed to make contracts binding. "If you have a server [internet computer] in one country, buy goods in another and live in a third where is that transaction taking place? Also copyright protection is very important."
All these matters are being discussed at the EU, in Washington and in world trade bodies but little has been agreed. Battles are raging between different parties. The EU, for example, is threatening to prevent European citizens doing business with US companies as it says data protection legislation in the US is not tight enough.
But the biggest bugbear is likely to be tax.
"Many of the transactions on the internet are essentially tax free for the moment," says Mr. Bieler. "But once electronic commerce really takes off, governments know they will no longer be able to ignore it." With a huge pot of money crossing international borders, ownership of these transactions are vital.
Goods bought over the Internet are protected first by general consumer protection legislation (if any) and second by any additional guarantees offered by the Internet shop or the manufacturer. A UK customer who buys goods from a UK Web site will be treated by the law in the same way as if the customer had bought by mail or telephone order with all the statutory protections and manufacturers guarantees.
Life & Style blogs
iPhone 7 (or iPhone 6S) leaked pictures show similarities to older model — but Apple is fixing the biggest issue of all
People all over the world are getting semicolon tattoos to draw attention to mental health
Sugary drinks are killing 184,000 adults around the world every year, says study
Google has set its terrifying, dreaming image robots on the public
What do the emojis on Snapchat mean?
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Sickness and disability benefits could be reduced by £30 a week as part of £12bn welfare cuts
- 1 Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
- 2 People all over the world are getting semicolon tattoos to draw attention to mental health
- 3 Van driver who comforted Clark Carlisle and called 999 after suicide attempt dies age 24
- 4 James Blunt was special guest on the highest-rating Top Gear episode ever
- 5 The biggest first date turnoff has been revealed
£17000 - £21000 per annum: Recruitment Genius: This is a fantastic opportunity...
£17000 - £23000 per annum: Recruitment Genius: This is a fantastic opportunity...
£17000 - £23000 per annum: Recruitment Genius: If you are fluent in Japanese a...
£16000 - £25000 per annum: Recruitment Genius: This is a fantastic opportunity...