Business Services Industry
State, Local Governments See Internet as Vast Source of Tax Revenue.(Originated from The Boston Globe)
Knight Ridder/Tribune Business News, September, 1996 by Bray, Hiawatha
Sep. 15--If taxes are the price we pay for civilization, the Internet is about to become a lot more civilized. State and local governments are coming to see online computer networks as a rich, new revenue source, and they want to cash in.
An official of the Massachusetts Department of Revenue said last week online service providers that do business in the state should be paying a 5 percent sales tax. Those who haven't been paying could face audits, penalties and demands for back taxes.
The state of Tennessee has demanded online services doing business there turn over their tax records and a count of how many customers they have in the state. Cities in Texas and Colorado are considering special online taxes. And a recent effort to slap a 6 percent tax on...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
