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Title: The Internet And Taxation

Essay Details

Subject: Technology
Author:
Date: July 21, 2001
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Grade:
Length: 5 / 1313
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Essay text:

Business-to-business commerce over the Internet was $43 billion last year and is expected to be $1.3 trillion in 2003. Convenience and low prices are the main reasons consumers shop on line. Adding a sales tax might not frighten most shoppers away, but on major purchases such as computers a 5% sales tax could add hundreds of dollars to the cost...

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Adding a sales tax might not frighten most shoppers away, but on major purchases such as computers a 5% sales tax could add hundreds of dollars to the cost. Internet merchants also say that the hassle of calculating thousands of local sales taxes would be an administrative nightmare...

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