Creating Legal Framework for E-commerce Taxation; non-tax statutes

Home
>
E-commerce
>
Creating Legal Framework for E-commerce Taxation; non-tax statutes

Creating Legal Framework for E-commerce Taxation; non-tax statutes

We have to make amendments in existing substantive and procedural laws to make it compactable with changing technological advancement of e-commerce?

Amending Contract Act, 1872

I recommend the amendments in section 3 and 4 of contract Act 1872 so as to make the compactable with section 13, 14 and 15, of the electronic transaction ordinance 2002 related with attribute of communication, acknowledgement of receipt and time and place of the communication between the parties. Either additional section should be added for acceptance device of 'electronic communication', or words be added in matter connected with electronic communication relevant section 13,14 and 15 be evoked while interpretation of section 3 and 4 of contract Act 1872.

Amending Copyright Ordinance 1962 Under section 10 of copyright ordinance 1962 should be amended to add the www publication as copyrightable work, I recommend here clause (d) of subsection 1 of section 10 be added to remove the inadequacy in copyright law.

Amending Custom Act,1969

We must remain vigilant against the WTO policy of zero tariffs so as to make our custom Act compactable with electronic communication and to stop avoidance taxation by the electronic commerce means. To discuss proposals of legislation at this moment is out scope of this thesis because all duties of the custom are subject to physical and visible goods.

Amending Bankers' book evidence act,1891

The section 6 of bankers' book evidence Act of 1891 should be amended by extending additional power to the inspecting income tax authorities to call for the record of the banks for the purposes of imposition of taxes.

The writer is an advocate of High Court and practicing immigration and corporate laws in Pakistan since September 2001. He is a self employed and pioneer in research on electronic commerce taxation in Pakistan. His articles were published widely in the critical areas of cyber crimes, electronic commerce, e-taxation and various other topics. He wrote LL.M thesis on titled "Legislation of electronic commerce taxation in Pakistan" in which he provided comprehensive legal proposals for statutory reconstruction of tax laws for purpose of imposition of taxation on e-business in Pakistan. Currently he is conducting is research on topic 'Electronic commerce taxation: emerging legal issues of digital evidence'.Author can be contacted by adil.waseem@lawyer.com.

In The News:

MyBinding.com Joins The Ecommerce Mafia
MarketWatch (press release)
Even the most experienced and seasoned ecommerce operators are facing a rapidly evolving and changing environment. Our goal is to create a climate where senior executives can communicate with each other efficiently and candidly.

and more »

Acumium Rebranding Efforts Strengthen eCommerce and Website Offerings
San Francisco Chronicle (press release)
Acumium's Strategic Re-branding of eCommerce, CMS and Email Marketing Platforms will Help Online Businesses Grow Madison, WI (PRWEB) May 23, 2012 Acumium, a solution provider who helps businesses grow online through their content management and ...

and more »

Ecommerce: 5 Things You Need To Know
Huffington Post
The ecommerce barrier to entry continues to get lower as more tools pop up to help even the most tech-aversive entrepreneurs go digital. "Almost anybody can set up an online store," says Mark Hayes, head of marketing and public relations at Shopify, ...

GoECart Announces First Breakthrough 'All-in-One' Ecommerce Suite
San Francisco Chronicle (press release)
'GoECart 360' is the industry's first truly integrated SaaS solution that combines an advanced ecommerce platform with multi-channel order management, inventory management, fulfillment, CR. Bridgeport, CT (PRWEB) May 23, 2012 GoECart® today announced ...

and more »

VSI Products Goes Big with Shopatron, Launching Seven New Online Stores
MarketWatch (press release)
The Shopatron eCommerce platform gives VSI the ability to sell all of its products directly to online shoppers in the US, and then assign the orders to local bike shops for delivery to the customer. "This partnership with Shopatron opens a new sales ...

and more »

Home and Hearth Launches Fireplace Store Ecommerce Website
Seattle Post Intelligencer
Home and Hearth Outfitters announces the launch of their new fireplace and Viking appliance e-commerce store to allow purchase of fireplaces, grills, and outdoor living and fireplace products online. Home and Hearth Outfitters is proud to announce the ...

and more »

BBC News
SAP Buying E-commerce Vendor Ariba for $4.3 Billion
PCWorld
By Chris Kanaracus, IDG News SAP is buying cloud-based e-commerce vendor Ariba for US$4.3 billion, the companies announced Tuesday. Ariba's platform focuses on business-to-business commerce transactions. It makes a natural fit with SAP's "broad ...
SAP to buy Ariba for $4.3bnFinancial Times
With SAP deal, Ariba's 13-year headstart pays offFT.com (blog)

all 439 news articles »

DermStore, blush and BellaSugar Pave the Way for eCommerce
MarketWatch (press release)
MANHATTAN BEACH, Calif., May 23, 2012 /PRNewswire via COMTEX/ -- Sister sites DermStore.com and blush.com are excited to unveil the newest breakthrough in ecommerce. By delivering a hybrid content/commerce experience on BellaSugar--the beauty ...

and more »

Brazils Ecommerce Surging and Estimated to Reach $26.9 Billion by 2015
Virtual-Strategy Magazine
Leading Ecommerce Software vendor Fortune3, Inc. expands its reach to the fast-growing Brazilian E-commerce market. As ecommerce holds steady growth in the US, Brazil is a market that is surging in ecommerce as it becomes the strongest economy in South ...

and more »

MICROS eCommerce Launches New Interactive Website for Global Hotel Alliance's ...
Hospitality 1st (press release)
Chevy Chase, MD – May 2012 / Hospitality 1ST / MICROS eCommerce (North America), a subsidiary of MICROS Systems, Inc. (NASDAQ: MCRS), and leading interactive marketing company for hospitality and travel, continues to expand its reach through the recent ...

Google News