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E-commerce InformationOnline Florists - Send Flowers Online When Youre In a HurryYou did it again, didn't you? Forgot until the last minute that birthday, anniversary, graduation, promotion, or fill-in-the-blank-here. No fear, online florists are here. No longer do you have to work in that lunch time stop at the florist shop. Now customized flowers are just a hop, skip, and click away. With the added bonus of being in an international market, most of these online florists offer same day delivery to cover up even the most forgetful patrons. Is Your Business Afraid of the Internet?My Business is Afraid of the Internet Is Your Website Credit Card Friendly?In my last column I discussed the process of credit card enabling your brick-and-mortar business. I pointed out that research has shown that accepting credit cards can help increase revenue and enhance cash flow. I also pointed out that you may have to look beyond your local bank for help in getting things set up. This week we will look at setting up an online payment system for your business website. If you think hooking up a brick-and-mortar location with a credit card system stymies most bankers, try asking them how to do it on your website. Mr and Mrs Smith Go Online, as Internet Technology Moves from Fantasy to NormalityAccording to NOP World, 48% of all Internet users have researched or purchased financial products such as insurance and loans on the internet, or used online banking facilities. In April, NOP World had already recorded estimates of 28 million people online in Great Britain, with 13.5 million exploiting the Web for their financial requirements. How To Start An Internet Business ? Content, Content, ContentWhen it comes to e-commerce, the time-tested clich� is, ?Content is king.? In this case, the clich� is correct. Ecommerce Comes from Customer SatisfactionOnline shopping is convenient, but many companies whose web sites do brisk sales often leave consumers wanting. That?s according to ForeSee Results, a research company that studied customer satisfaction among Internet shoppers. One way to improve the experience is gift cards, according to Merchant Commerce (http://merchantcommerce.net), an e-commerce services provider. Gift cards can be used to reward loyal customers and to attract new clients. ?People love to tell their friends about new shops or products they have found,? said Rebecca Campbell, Manager of Merchant Commerce. ?Gift cards get shoppers in the door, whether it?s a Web store or a physical outlet.? Saving Money On Your E-commerce SiteAfter building and transferring many e-commerce sites it still amazes me that owners of e-commerce businesses are still wasting money in three basic ways. For fear of stating the obvious, saving money is the same as making money $100 saved is $100 added to your profit margin. Here are three basic ways to save money on your e-commerce site and increase your profits. While they may be simple we know they are overlooked time and time again resulting in thousands of dollars in lost revenue. How To Start An Internet Business ? Site LayoutThe fourth step of how to start an Internet business involves the layout of your site. When organizing it, two audiences must be considered. Obviously, visitors to the site are the first audience. You must also keep in mind the second audience, search engine robots. Both audiences are extremely important and, fortunately, both want the same thing. The Internet and Customer Care: Aid or Anarchy?It was reported in ?Marketing? magazine this month, that Britain is becoming a ?disaffected nation?, with each adult apparently making an average of 12 complaints to service providers each year, based on a ?Service in Britain? survey by ASR (Andrew Smith Research). In response to the rise of the ?assertive consumer?, brands are endeavouring to make sure ?good customer service? is a recognisable characteristic in the form of testimonials, efficient call centre responses and empowering staff throughout the company to resolve problems. Most complaints were about power, utility or postal services at 42%, followed by supermarkets, telephone providers, TV or ISP providers and banks. Insurance companies were also in the top 10 with 21% of the articulate disaffected nation. Implications Of E-Commerce For Tax LegislationAs e-commerce develops ambiguities in the current tax code in which it may be exposed. It would not be regarded as too early to take premature steps for undertaking such a review at a time when detailed international legislation are going on to promulgate acceptable standards laws for imposition taxation in this regard. The Central Board of Revenue should take active part in promulgation of conducting research on this subject in hand and should propose any changes to tax law in the light of what emerges in development in e-business. In the meantime, Central board of Revenue will do two things: Creating Legal Framework for E-commerce Taxation; non-tax statutesWe have to make amendments in existing substantive and procedural laws to make it compactable with changing technological advancement of e-commerce? Electronic Commerce Tax Jurisdiction and Principles of Permanent EstablishmentThe principle of ?permanent establishment? is very important for avoidance the conflict of law of matter connected imposition of taxation. In the absence of a permanent establishment, a country where goods or services are sold has no jurisdiction to tax the resulting profits. A permanent establishment means a ?fixed place of business through which the business of an enterprise is wholly or partly carried on. ? The notion ?fixed? means attachment of physical property to a geographic location where the territorial jurisdiction of a state can be exercised. The concept of e-business permanent establishment means attachment of various components of computer or other devices having attached to earth. The concept of permanent provide the foundation for imposition of taxation and limits the ability of a state jurisdictions to tax profits derived from sales or service performed by electronic commerce means through a Web site or their electronic devices. But the establishment of servers and other computer technologies do not meet the physical requirement, but only to the extent that they are established in the jurisdiction in question. The application of this principle of permanent establishment has been clarified by the OECD in its Commentary on Article 5 of the OECD Model Convention, which provides that a web site in itself does not constitute a permanent establishment and a server where the web site has been uploaded can only regarded as permanent establishment. Cheap Cigarettes, Discount Tobacco and Cigars Online - Is It Legal?Many people online today still believe that buying tobacco products via the Internet is an experience that is doomed to failure. Either, the package will go astray, or the HM Customs and Excise storm troopers will smash down the door and abseil from the roof to collect the pennies that they are allegedly due for ?tax evasion?. Shopping Carts and the E-AislesHave you ever gone to the store and thought you only needed a few things so you didn?t grab a cart? The next thing you know your hands are full and groceries are crashing everywhere making a big mess. If only you had gotten a cart. Shopping carts are not necessary on your website as long as you do not mind doing a little extra work (just like carrying all those groceries) and processing each order individually. If you choose to forego having a shopping cart on your site, it is important to remember you will have to calculate all the taxes and fees yourself. This delay will ultimately kill your sales. Electronic Commerce and WTOThe Internet may not be useful for all businesses, nor do all have to develop an Internet information strategy. Some businesses are concerned with the start-up costs of connecting such as purchasing hardware and software, subscribing to an Internet connection or service provider, and training staff. Others are concerned with the necessary search and navigation skills one has to develop to be able to use it as a cost effective business tool. Some businesses are concerned that, as a result of technical congestion during certain times, the Internet will not effectively improve their ability to disseminate and retrieve information. Most businesses are concerned about Internet security relating to issues of unwanted intrusions into sensitive databases, electronic payments, contracting with authorized parties and protection from electronic viruses.
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Electronic Commerce Tax Jurisdiction and Principles of Permanent Establishment The principle of "permanent establishment" is very important for avoidance the conflict of law of matter connected imposition of taxation. In the absence of a permanent establishment, a country where goods or services are sold has no jurisdiction to tax the resulting profits. A permanent establishment means a "fixed place of business through which the business of an enterprise is wholly or partly carried on. " The notion "fixed" means attachment of physical property to a geographic location where the territorial jurisdiction of a state can be exercised. The concept of e-business permanent establishment means attachment of various components of computer or other devices having attached to earth. The concept of permanent provide the foundation for imposition of taxation and limits the ability of a state jurisdictions to tax profits derived from sales or service performed by electronic commerce means through a Web site or their electronic devices. But the establishment of servers and other computer technologies do not meet the physical requirement, but only to the extent that they are established in the jurisdiction in question. The application of this principle of permanent establishment has been clarified by the OECD in its Commentary on Article 5 of the OECD Model Convention, which provides that a web site in itself does not constitute a permanent establishment and a server where the web site has been uploaded can only regarded as permanent establishment. Internet Merchant Accounts For Innocents Abroad If you want to sell on the internet, your need to accept credit cards. To accept credit cards, you need a merchant account, or access to one. 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