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Taxes on the Internet

Good news for e-business! According to this article, one of the main obstacles to taxing transactions on the Internet is to difficulty of relating online activity to a definite physical situation. This generates problems in determining which tax system to apply to a virtual business transaction. For many people, this is a problem that no country can resolve on its own. The chances of all governments agreeing is unlikely, to say the least. So the party's not over yet, people!

Thu, 09 Dec 1999 07:56:45 -0800