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Open Economies - EU imposes VAT on Internet
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EU imposes VAT on Internet
EU VAT SET TO GO ONLINE
Despite renewed last-minute objections from the US, the EU
is moving ahead with a new law imposing a value-added tax on
Internet purchases of software, music and other "virtual
goods" from companies outside the EU. Washington has
lobbied for two years against what it considers overly
burdensome rules it fears could stifle that growth.
http://www.newsbytes.com/news/02/174395.html
http://online.wsj.com/article/0,4286,SB1013456913822538200,00.html
http://www.siliconvalley.com/mld/siliconvalley/news/2650333.htm
Diane Cabell
Director, Clinical Program in Cyberlaw
Berkman Center for Internet & Society
Harvard Law School
http://www.cyber.law.harvard.edu
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