Special Report on
Drawbacks of E-commerce
Drawbacks of E-commerce - Trends
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The increasing impact of the Internet and electronic commere on the global economy is compelling governments to address the desirability of taxing electronic transactions on domestic and international levels. The overwhelming consensus between both governmental officials and industry leaders is that e-commerce should be subject to equitable, non-discriminatory tax regimes that will not hinder its growth potential.This article contrasts the approaches and philosophies espoused by the United States and the European Union with regard to the imposition and collection of a sales/use or consumption tax on B2B and B2C etransactions. ...
The landscape of the supply chain has changed drastically over the past five years. It went from local to global in manufacturing, procurement, sourcing, logistics, and customers. As such, there are some major challenges in the supply chain network: There are no boundaries within the network. There are no physical or virtual boundaries left within the supply chain. For example, the customer could be in North America and ordering a product via the Internet from Ireland—but this creates a problem. Why? Each party involved is not aware of the rules and regulations they need to comply with, ... Read More
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