Primary Research On Legislation Of Electronic Commerce Taxation

Definitely, the coming of the Internet Age has profound implications for tax administration as it does for just about everything else. Along with this new Age, electronic commerce has been opening up new avenues for the marketing of traditional goods and services directly to consumers. The exponential growth of electronic commerce poses a daunting challenge to taxing authorities'traditional approaches to both direct and indirect taxation. However, the implications for tax administration of the growth of electronic commerce are not entirely negative. It has been noted that the Chinese word for crisis combines the characters for "danger" and "opportunity." If the Internet and electronic commerce are threatening a crisis for global tax administration because of the dangers they create for existing tax regimes, they create opportunities as well. Specifically, the new technologies create increased opportunities for streamlining tax administration by replacing paper documentation with electronic data interchange (EDI), by providing for electronic filing of tax returns, and by automating other aspects of tax reporting and compliance.With keen interest to electronic commerce taxation and operational need at work, I decided to take the first step to study electronic commerce taxation choosing"Primary Research on legislation of Electronic Commerce Taxation"as the title, focusing on issues in legislation of electronic commerce taxation. The article is written in six chapters including introduction and conclusion. Specifically:The first chapter, "introduction" mainly presents the first case of evading electronic commerce tax in China. It was trialed in 2007 in Shanghai, closing the door of thinking of duty free to electronic commerce.The second chapter provides an informative summary of the major changes and accomplishments of the Internet age including the explosion of e-commerce over the last several years and constraints on the growth of e-commerce in the future. It includes a discussion of e-commerce activities within major industries and the expansion of both business-to-business and business-to-consumer selling on the Internet.After the broad overview of Chapter 2, in Chapter 3, the author discusses legislation of electronic commerce taxation all over the world. The American, The Organization of Economic Cooperation and Development (OECD), the European Union (EU), and other governments, have issued reports identifying the critical issues raised by the advent of electronic commerce for the world's taxing regimes, and they are engaged in ongoing efforts to address those issues. Although the discussion of state-by-state differences may be necessary in some places to demonstrate particular approaches and problems, it makes the section very difficult to follow. While the author points out a number of issues that are truly interesting, they are hidden in such minutia that their relevance is soon lost.Chapter 4 provides other countries'experience using for reference in China. Those foregoers give a good overview of the principles and mechanics of different ways in legislation of electronic commerce taxation, with their various background and conditions. We have to build our own tax system with Chinese characteristics, but absolutely we can learn from others. Due to background and conditions in china, it's suggested to levy duty on electronic commerce.In Chapter 5, it discusses the basic idea conception of legislation of electronic commerce taxation in China, including feasible general ideas and fundamental principles. Besides, it demonstrates institutional environment of legislation of electronic commerce taxation in China. In the last chapter, it ends with a summary of problems with taxation of e-commerce, combined with the actual situation: the burden is heavy and the road is long.