WG&L's complete, authoritative guide to e-commerce tax compliance and planning. The first and only authoritative source on e-commerce taxation and planning. State-by-state, federal and international. Covers both compliance and planning. Practice-tested opinions and helpful examples.
"An authoritative source on e-commerce taxation..." Strategic Finance magazine, September 1999.
Authoritative answers to questions like these:
What's TAXABLE and what's not? Which STATES require you to file SALES TAX returns? What's the taxability of INTANGIBLES like services or software delivered online? What are your INTERNATIONAL tax liabilities? (you'll be surprised) What are the keys to tax reduction PLANNING?
Your company, or your client, is moving full-speed into Internet transactions. If not today, then soon. And that means a whole new world of complex tax issues, on your shoulders! Trouble is, there's been no all-in-one source of information on Internet-related taxation and planning. Until now. WG&L's Electronic Commerce: Taxation and Planning is the first and only reference work that pulls it all together:
Income and sales taxation of multistate, federal and international transactions
How to avoid paying unnecessary taxes
What's taxable and what's not
Avoiding nexus
Internet-related income tax
State tax on Internet transactions
State-by-state policies and practices
The impact of the Internet Tax Freedom Act and other federal statutes and regulations
Internet privacy and security, copyrights, electronic money
and much, much more!
Advice from a top consultant, without the sky-high fees! You'd pay untold thousands for a specialist with this much expertise - if you could find one at any price. Even the "Big 5" CPA firms are still playing catch-up when it comes to Internet taxation. But with our guide, you won't need a consultant. It's everything you need, in plain, understandable language, designed for the expert and non-expert alike.
Includes helpful case studies like these:
State income and sales tax consequences arising from on-line multistate sales of tangible goods, intangible goods, intangible property, digital products and services.
Nexus determination where a remote server is used.
International income and value-added tax consequences arising from inbound and outbound sales of tangible and intangible property, digital property and services over the Internet.
Federal income tax planning in developing Web sites and acquiring or disposing of an electronic commerce enterprise.
Highlights of Contents:
Sales and use tax on Internet-based sales
Web-based products subject to tax
State-by-state summaries
Nexus based on server location
Privacy, security and surveillance
On-line contracts
Parties to electronic transactions
Mobility of Web-based businesses
Web site expense deductions
Acquisitions and dispositions of Web-based businesses
Purchase of intangibles in a Web-based business
Valuation of intangibles
Web-site valuation
Valuation of a Web-based business
Development of e-commerce
Unique aspects of e-commerce taxation
Growth of e-commerce
Internet-based sales of goods
International taxation of outbound and inbound transactions
Sourcing Web-based business income
International case studies
Source of payments for Web-based sales of goods
Residence based on server location
Value added tax
Sales of digital products in the U.S.
Electronically delivered software and other products
Advisory Commission on Electronic Commerce
Multistate income tax
Multistate taxability of Web-based vendors
Allocation and apportionment of Web-derived income
Web-based product sales apportionment
Multistate Tax Commission guidelines and electronic commerce
