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Actual for You - Global Initiative of Electronic Commerce Taxation; Guiding Principles for Pakistan
So you've got your drawings and design, your permits in hand, a pile of money lined up, your Contractor(s) reviewed and selected, and a gleam in your eye. Well, hang on! The most important step is yet to come before one nail hits the job. Now you have to decide how well you are going to REALLY limit your risk...The first concept to get your head firmly wrapped around is this:If you didn't get it in writing, it NEVER HAPPENED. Period.This is so important, I can't stress the concept enough. I don't care if it's your brother's buddy or your Uncle John- a construction project where money changes hands in return for work is a Business Arrangement, and should be dealt with accordingly. If not, you can leave yourself open to a huge risk of loss, both financially and spiritually! No reputable contractor will have any problem whatsoever with preparing and executing a written agreement on a project- no matter WHO they are to you personally; In fact, they will admire and respect your intelligence and responsibility. You see, a properly drafted contract protects them as much as it does you...The actual Contract need not be elaborate, but there are certain sections that are vital. The first is the names of the parties
2. Canada
The Canada is taking influence from all quarter to influence the policy as adjustable to globa
A recent report said that over 1,000 people earned over $1 Million dollars in one year selling stuff on eBay. That is an astounding figure when you think about it. It also gives hope to almost anyone that you can work at home and earn money with your own eBay business. It does not take a lot to start working at home and selling on eBay.Here is how you can set up your own eBay business and work at home in 5 easy steps.1. First of all you need to come up with something to sell. If you look at some of the most successful eBay businesses they sell something that is unique. It could be a product like reconditioned computers or a service such as reconditioning computers. One thing that is always a good idea is to find a unique idea that is something that interests you or that you have an area of expertise in. This will help you earn more money and enjoy it at the same time.That could be a hobby or maybe even something you are doing at work now. If you can turn it into an eBay business that you can work at home you can start part time and maybe eventually replace your job with it. Make a list of everything you can think of and then choose your best idea and start with it.2. Everything you read about selling on ebay is you have to provide good pictures on your products. A quality
In the United States, legislation was introduced in the House of Representatives and the Senate, creating the Internet Tax Freedom Act, which represents a continuing effort on the part of federal legislation to ensure that the taxation of economic activity, whether electronic or otherwise, is dealt with in an impartial manner. This Act created a three year moratorium for all e-business activities, in effect from October 1, 1998, until October 21, 2001, that excluding certain kinds of special, multiple or discriminatory Internet taxes. The Act itself prohibit the state and local governments to impose sales tax on electronic sales in a similar fashion as imposed on sales made via the telephone or mail order. The Act further calls on the revenue authorities to seek an international agreement that would keep the Internet free of taxes and tariffs. The "Internet Tax Freedom Act" Moratorium on certain taxes The "Internet Tax Freedom Act" provides a three-year moratorium on the following taxes on electronic commerce:
Taxes on Internet access, unless the tax was generally imposed and actually enforced prior to October 1, 1998; and
Multiple or discriminatory taxes on electronic commerce.
Taxes are eligible for the exception for generally imposed and actually enforced taxes, if before October 1, 1998, Internet service providers was provided a reasonable opportunity to know that the State or local tax administration agency and applied the taxes to Internet access services or generally collected the tax on Internet access charges before that date. In general, a tax is a prohibited multiple tax if it is imposed by a State or local government on the same or essentially the same electronic commerce that also is subject to another tax imposed by another governmental entity unless a credit for taxes paid in other jurisdictions is allowed. Prohibited discriminatory taxes are defined as taxes on electronic commerce that are not generally imposed on non-electronic transactions involving similar property or services that are accomplished by other means, are not imposed at the same rate as similar taxes on transactions conducted by other means, or are not imposed on the same party to the transaction as taxes on transactions conducted by other means.
For example, a sales tax imposed on Internet purchases of widgets, but not on purchases of the same product at local stores on the taxing jurisdiction would be a discriminating tax. The moratorium was scheduled to expire after October 21, 2001. The Internet Tax Freedom Act states that its provisions do not affect any State and local government taxes other than those described in the Act. The Act contains specific exceptions regarding taxes on Internet access provided by internet service providers that does not include or make available "screening" or similar exclusionary protections against material not suitable for minors. In United States, the Cross-border beyond the jurisdiction of USA federal or state Internet transactions generally are subject to the same set of Federal income tax rules and tax treaty provisions that apply to other cross-border transactions.
Accordingly, U.S.-based Internet service providers are subject to U.S. tax on all income, whether derived in the United States or abroad. Foreign-based Internet service providers are subject to U.S. tax only if their income has a sufficient connect with the United States. Present tax laws generally does not provide special income tax rules for Internet-based transactions and activities and the issues arise in connection with these e-transaction, may arise as to the proper application of general US tax concepts to these activities in the cross-border context. These issues may include the determination of whether Internet-based business activities rise to the level of a taxable presence in the United States and also rather geographical source of income arise from internet transaction have any geographical substantial connection with USA or not.
“…the United States will work through the World Trade Organization to turn the Internet into a free-trade zone, and she will advocate as we seek to establish basic rules for international electronic commerce with new regulations and no new discriminatory taxes. ” The Internet as a global and the legal framework should be consistent tax application in all jurisdictions. And further more Taxes and tariffs should be declared a tariff free environment due to its true global medium. No new taxes should be applied and a uniform approach to existing taxes should occur across border jurisdictions. The aim of the united state to turn the global internet economy into free zone will cause erosion of revenue which Pakistan can not afford to do that, the services perform on internet could be given exempt to them, as can be placed under exemption list of services. But in case of the business whose e-record is located in Pakistan can be placed under the exemption list.
2. Canada
The Canada is taking influence from all quarter to influence the policy as adjustable to global
The size of your ad is a vital decision, for if you try and squeeze too much into a small space to save money then you run the risk of having fewer people read your ad, and dramatically reducing your response rate. Conversely, if you use a quarter page to say what could have drawn as much attention with an eighth, then you are wasting money.So the first thing to consider on the road to a correctly sized ad is your message. What exactly are you selling, and how many benefits and features do you really need the advertisement to carry. Ask yourself the following questions: Must I really list all the benefits for this particular audience? Do I need to show a photograph or illustration of it, or does everybody know what it looks like? How many of my competitors are going to be advertising on the same page? What must I do differently to be sure of getting noticed? Once you have answered all the questions above, you are then in a better position to begin sizing your ad.As a rule of thumb, whatever size you come up with as a minimum advertisement size, you will need to enlarge it by a size. If you are planning a classified box ad, allow at least 2 capital letters, of whatever size print you are using, to fit in the margin on all s
Taxes on Internet access, unless the tax was generally imposed and actually enforced prior to October 1, 1998; and
Multiple or discriminatory taxes on electronic commerce.
Taxes are eligible for the exception for generally imposed and actually enforced taxes, if before October 1, 1998, Internet service providers was provided a reasonable opportunity to know that the State or local tax administration agency and applied the taxes to Internet access services or generally collected the tax on Internet access charges before that date. In general, a tax is a prohibited multiple tax if it is imposed by a State or local government on the same or essentially the same electronic commerce that also is subject to another tax imposed by another governmental entity unless a credit for taxes paid in other jurisdictions is allowed. Prohibited discriminatory taxes are defined as taxes on electronic commerce that are not generally imposed on non-electronic transactions involving similar property or services that are accomplished by other means, are not imposed at the same rate as similar taxes on transactions conducted by other means, or are not imposed on the same party to the transaction as taxes on transactions conducted by other means.
For example, a sales tax imposed on Internet purchases of widgets, but not on purchases of the same product at local stores on the taxing jurisdiction would be a discriminating tax. The moratorium was scheduled to expire after October 21, 2001. The Internet Tax Freedom Act states that its provisions do not affect any State and local government taxes other than those described in the Act. The Act contains specific exceptions regarding taxes on Internet access provided by internet service providers that does not include or make available "screening" or similar exclusionary protections against material not suitable for minors. In United States, the Cross-border beyond the jurisdiction of USA federal or state Internet transactions generally are subject to the same set of Federal income tax rules and tax treaty provisions that apply to other cross-border transactions.
Accordingly, U.S.-based Internet service providers are subject to U.S. tax on all income, whether derived in the United States or abroad. Foreign-based Internet service providers are subject to U.S. tax only if their income has a sufficient connect with the United States. Present tax laws generally does not provide special income tax rules for Internet-based transactions and activities and the issues arise in connection with these e-transaction, may arise as to the proper application of general US tax concepts to these activities in the cross-border context. These issues may include the determination of whether Internet-based business activities rise to the level of a taxable presence in the United States and also rather geographical source of income arise from internet transaction have any geographical substantial connection with USA or not.
“…the United States will work through the World Trade Organization to turn the Internet into a free-trade zone, and she will advocate as we seek to establish basic rules for international electronic commerce with new regulations and no new discriminatory taxes. ” The Internet as a global and the legal framework should be consistent tax application in all jurisdictions. And further more Taxes and tariffs should be declared a tariff free environment due to its true global medium. No new taxes should be applied and a uniform approach to existing taxes should occur across border jurisdictions. The aim of the united state to turn the global internet economy into free zone will cause erosion of revenue which Pakistan can not afford to do that, the services perform on internet could be given exempt to them, as can be placed under exemption list of services. But in case of the business whose e-record is located in Pakistan can be placed under the exemption list.
2. Canada
The Canada is taking influence from all quarter to influence the policy as adjustable to globa
The Use of Autoresponders in E-Mail MarketingIf you aren't sure what an autoresponder is, that's okay because there are many who do not.An Autoresponder is some software you can utilize to automatically reply to emails.It is also an email address. It is a time-efficient way to market a product or service.There are two types of autoresponders:1. Web Based 2. Non-Web Based SoftwareThe operation of an autoresponder is relatively simple and is very easy to setup.Heres how a web based autoresponder works:The script sends a message to the email address your autoresponder is using then e-mail autoresponder program sends e-mail replies automatically.Your autoresponder is a tremendous marketing tool! Once the autoresponder is in place, you just sit back and rake in the profits. It is the most powerful product and is less expensive. Setting it up is not complicated. It is up to you to decide which type you will use.Here are two links for you to help:http://www.marketingtips.com-You will find a software named Mailloop there. It is a Non web based software which can make your e-mail related activities much much easier and faster!http://www.prosender.com-This
For example, a sales tax imposed on Internet purchases of widgets, but not on purchases of the same product at local stores on the taxing jurisdiction would be a discriminating tax. The moratorium was scheduled to expire after October 21, 2001. The Internet Tax Freedom Act states that its provisions do not affect any State and local government taxes other than those described in the Act. The Act contains specific exceptions regarding taxes on Internet access provided by internet service providers that does not include or make available "screening" or similar exclusionary protections against material not suitable for minors. In United States, the Cross-border beyond the jurisdiction of USA federal or state Internet transactions generally are subject to the same set of Federal income tax rules and tax treaty provisions that apply to other cross-border transactions.
Accordingly, U.S.-based Internet service providers are subject to U.S. tax on all income, whether derived in the United States or abroad. Foreign-based Internet service providers are subject to U.S. tax only if their income has a sufficient connect with the United States. Present tax laws generally does not provide special income tax rules for Internet-based transactions and activities and the issues arise in connection with these e-transaction, may arise as to the proper application of general US tax concepts to these activities in the cross-border context. These issues may include the determination of whether Internet-based business activities rise to the level of a taxable presence in the United States and also rather geographical source of income arise from internet transaction have any geographical substantial connection with USA or not.
“…the United States will work through the World Trade Organization to turn the Internet into a free-trade zone, and she will advocate as we seek to establish basic rules for international electronic commerce with new regulations and no new discriminatory taxes. ” The Internet as a global and the legal framework should be consistent tax application in all jurisdictions. And further more Taxes and tariffs should be declared a tariff free environment due to its true global medium. No new taxes should be applied and a uniform approach to existing taxes should occur across border jurisdictions. The aim of the united state to turn the global internet economy into free zone will cause erosion of revenue which Pakistan can not afford to do that, the services perform on internet could be given exempt to them, as can be placed under exemption list of services. But in case of the business whose e-record is located in Pakistan can be placed under the exemption list.
2. Canada
The Canada is taking influence from all quarter to influence the policy as adjustable to globa
If you've ever bought inkjet printer cartridges, whether for your own business or your employer, you know how expensive they can be. It doesn't really matter what industry your business is in, you've probably got reams of reports, announcements, invoices and other paperwork that you have to print regularly.The end result of this constant stream of printing is that you have to replace the ink in one or more of your printers on an ongoing basis. This can send your monthly office supplies expenses through the roof, particularly if you buy your ink cartridges from your local office supply store. If you do a lot of printing, you can save quite a bit of money by ordering your ink online instead.Online ink retailers generally save you money in 2 ways. First, the "branded" ink from your printer manufacturer is usually less expensive. Online merchants don't have the same overhead as a traditional "bricks and mortar" store, and they pass that savings on to you in lower prices. They're counting on the fact that they'll make up the difference in volume.The other way you can save on your printing costs is by using remanufactured ink cartridges. As you would expect, these are recycled cartridges that are sold under a generic name.These ink cartridges are recycled versions of the origin
Accordingly, U.S.-based Internet service providers are subject to U.S. tax on all income, whether derived in the United States or abroad. Foreign-based Internet service providers are subject to U.S. tax only if their income has a sufficient connect with the United States. Present tax laws generally does not provide special income tax rules for Internet-based transactions and activities and the issues arise in connection with these e-transaction, may arise as to the proper application of general US tax concepts to these activities in the cross-border context. These issues may include the determination of whether Internet-based business activities rise to the level of a taxable presence in the United States and also rather geographical source of income arise from internet transaction have any geographical substantial connection with USA or not.
“…the United States will work through the World Trade Organization to turn the Internet into a free-trade zone, and she will advocate as we seek to establish basic rules for international electronic commerce with new regulations and no new discriminatory taxes. ” The Internet as a global and the legal framework should be consistent tax application in all jurisdictions. And further more Taxes and tariffs should be declared a tariff free environment due to its true global medium. No new taxes should be applied and a uniform approach to existing taxes should occur across border jurisdictions. The aim of the united state to turn the global internet economy into free zone will cause erosion of revenue which Pakistan can not afford to do that, the services perform on internet could be given exempt to them, as can be placed under exemption list of services. But in case of the business whose e-record is located in Pakistan can be placed under the exemption list.
2. Canada
The Canada is taking influence from all quarter to influence the policy as adjustable to globa
The small and often overlooked business card is really one of the most important tools available for promoting your business. Business cards should be designed to provide eleven basic bits of information. The first group is the all important contact information items. These include such things as your business name and address. Your phone number and email would fall into this category also. The type of business and the services that you provide are also key elements.Business card printing is more than just the placing of this pertinent information on a small piece of cardboard, however. If the business card is going to be effective, it must connect with your customer in a most personal manner. If you are successful in your business card design, your card will end up in your customer’s wallet or pocketbook, or taped to his refrigerator door. How do you design the card to achieve this goal?The secret is in understanding the general principles of basic design. Good design in a business sense involves a concept that is known as intuitiveness. This means an understanding of your customer. It is seeing the design from his point of view and giving him exactly what he is looking for and not what you are trying to force on him. The use of graphics and color are important elements in this proces
2. Canada
The Canada is taking influence from all quarter to influence the policy as adjustable to global policy so as to avoid any legal dispute regarding imposition of taxation and its adjudication. The most important principles are that it is providing the legal frame where the e-transaction could be placed as par with paper based form so that appropriate collection of taxation could be made feasible as par traditional sources of taxation. Canada’s international strategy is based on the recognition that e-commerce is essentially global business and the Canadian tax authorities should work together to influence consistency of global policy in matter connected with imposition of taxation. She also stated that of the Federal legal enactments in Canada regarding e-commerce required the use of paper documents with signatures on paper. Legislation to recognize electronic transactions at par with paper transactions has been tabled and implication of taxation is also recognized on equal footing.
The Canadian federal government commission on electronic commerce made following recommendation for appropriate collection of e-commerce taxation; the summary recommendations are to develop a strategy for collection of taxation from electronic commerce and have developed and adopted guiding principles on electronic commerce, facilitate universal access and interoperability, build trust in the electronic marketplace, define the legal framework for electronic commerce taxation, and play a leadership role in internationalization. Revenue Canada continues to review and improve its compliance programs to ensure that they are as efficient and effective as possible. Compliance programs will evolve to take into account electronic commerce. The crux of the legislation in Canada as guidance for Pakistan is that government should establish certification council for purpose of providing license to certification authorities but no response has seen from any equators as provided in electronic transaction ordinance 2002 and also the consistency of the e-tax policy will provide suitable tax culture and appropriate adjudication of tax issues.
3. Singapore
The Singapore is going ahead of other Countries in providing legal frame work for e-commerce transaction which in term is paving way for implementation and legislation of e-commerce taxation. The most foundation of Singapore e-commerce legal order drawn from the UNICITRAL model on law of digital signature laws and on electronic commerce, they have provided the mechanism that can implement licensing of certification authorities. The Singapore Electronic Transactions Act passed in June 1998 provides a framework for the legal definition electronic commerce, electronic signatures, digital signatures and electronic records . Singapore has promulgated the 1999 Singapore Electronic Transactions Certification Authority Regulations; the Singapore Security Guidelines for Certification Authorities and the 1998 Singapore Electronic Transactions Act making it one of the first complete on-line countries. Singapore has a goal to promote e-commerce trading and also to make her being a trusted hub of E-Commerce for both the domestic and international markets which in term will promote e-tax culture and its administration.
Currently, Singapore is imposing 3 percent VAT on e-commerce services rendered within her jurisdiction, that is very flexible and reasonable system of imposing of taxation, but the imposition of the taxation made easy because of promulgation of Electronic Transaction and establishment of certification council with in depth input to the Courts for legal adjudication of e-commerce tax dispute. The Electronic Transaction Ordinance, 2002 of Pakistan has taken its sources from UNICITRAL and like that of Singapore which is appreciable legislation in region as to avoid any conflict of law.
4. Australia
Australia’s Attorney General’s office has promulgated the legislation based upon a report of the Electronic Commerce Expert Group which identified a wide range of fundamental legal issues confronted in way of proper implementation of electronic commerce taxation and have evolved the broad policy options for
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