Abstract
The tax-free status of most items purchased online has resulted in significant loss of tax revenues to state and local government. Our research indicated that the loss of taxes amounting to $13.3 billion in 2001 will rise to $62.1 billion by 2011, unless taxation policies are changed. Changing the tax laws governing online trading is problematic. One significant aspect concerns the one who collects the revenues: should the taxes on items purchased online be collected by the state and local government, as is now done in traditional brick-and-mortar trades, or should this be done by a concerted, standardised federal effort?.
| Original language | English |
|---|---|
| Pages (from-to) | 378-390 |
| Number of pages | 13 |
| Journal | Electronic Government |
| Volume | 6 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 2009 |
| Externally published | Yes |
Keywords
- e-commerce
- e-government
- e-taxation
- forecast
- linear regression
- revenue loss
- sales tax