|List By Date|
|Health Care and Entitlements|
New Book From CCH Guides Business And
Tax Professionals Through Complexities Of Internet Taxation
(RIVERWOODS, Ill., March 8, 2000) With federal, state and international
governments eyeing the webs virtual economy for real revenue opportunities, now is
the time for business and tax professionals to take a close look at Internet taxation,
according to CCH INCORPORATED (CCH), a leading provider of tax law information and
Although Internet taxation has been addressed by political leaders, corporate
executives and leading economists, to date, there has been no single authoritative book
that addresses both the technical tax issues and the related business, political and
technological issues. To fill that void, CCH has introduced Cybertaxation: The
Taxation of E-Commerce, a comprehensive guide focusing on the technical, legal and
business issues relating to e-commerce. (600 pages, $75. Call 1-800-248-3248 to order or
purchase online at http://tax.cchgroup.com/full/bookstore.)
Authored by a leading national expert on Internet taxation, Karl Frieden, Cybertaxation
delivers what business, government and tax professionals need to know to help their
organizations and clients cope with the complexities and uncertainties of e-taxation.
"With e-commerce activity projected to increase by ten-fold over the next five
years, Internet taxation is a critical issue that both business and government need to
understand today," said Frieden, a partner at Arthur Andersen and member of its
global strategy team on e-commerce. "The accelerating collision between an advanced
21st century Internet age economy and a 20th century traditional tax
system has raised concerns at the highest levels of government and industry."
Practical Guidance in Plain English
Cybertaxation: The Taxation of E-Commerce is a comprehensive and
practical guide to help readers understand the complex and rapidly evolving issues related
to the taxation of e-commerce. The book provides a cutting-edge view of both current and
emerging e-commerce tax issues.
Cybertaxation is designed to bring the reader up to speed fast on state, federal
and international tax issues relating to this new and dynamic business model. It's
understandable and useful whether you're a sophisticated tax practitioner, the financial
officer of a company embarking upon e-commerce, or a government official.
Cybertaxation: The Taxation of E-Commerce cuts through the maze of taxation
in our new wired world. It's loaded with real-world examples, insightful analysis and
"how to" advice. Highlights include:
- The trends within e-commerce that are transforming state, federal and international tax.
- Analysis of the pivotal state sales and use tax issues, with featured discussion of
goods and services sold over the Internet by "dot-com" retailers, digital
product vendors, telecommunication companies and other e-commerce businesses. The
discussion focuses on both the taxation of business inputs (B to B) commerce and the
taxation of consumer goods and services (B to C) commerce.
- The current state of corporate income tax rules and how these rules fall short of
effective income taxation of e-commerce, with practical insights on this key tax type.
- A valuable, detailed examination of the current state of nexus and jurisdictional issues
and the principles involved. It examines the politically volatile issue of whether (and
under what circumstances) a state or a nation can require a remote e-commerce business to
file and collect sales and use or other transactional taxes on sales to customers within
- An exploration of e-commerce across national borders and the resulting value added tax
(VAT) and international income tax issues. The discussion covers the different VAT rules
relating to imports, exports, business customers, non-business purchasers, goods and
services. The discussion also encompasses jurisdictional issues, character of income,
sourcing rules, transfer-pricing issues and recent political developments related to
international income taxes.
Analysis of Political Debate
Cybertaxation: The Taxation of E-Commerce also surveys the current
high-stakes debate over the taxation of the Internet.
"In the short term, business is unlikely to get either a rapid simplification of
the maze-like state and local tax rules or a blanket exemption from sales tax for all
purchases made over the Internet," notes Frieden. "Conversely, state and local
governments are unlikely to get what they want the authority to require Internet
retailers (without physical presence in market states) to collect sales and use tax from
Frieden concludes that: "The tax rules applied to the emerging digital economy
those products such as music, software and information that can be both ordered and
delivered over the Internet will continue to be inconsistent, ambiguous and
difficult to comply with."
Pricing and Availability
To order, or for more information on the 600-page softcover Cybertaxation: The
Taxation of E-Commerce, call 800-248-3248, contact your CCH representative at
888-CCH-REPS (888-224-7377) or order over the Internet at http://tax.cchgroup.com/full/bookstore.
Single price copies are $75, plus applicable tax, shipping and handling.
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served
four generations of business professionals and their clients. The company produces more
than 700 electronic and print products for the tax, legal, securities, human resources,
health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer
U.S. The CCH web site can be accessed at www.cch.com. The
CCH Federal and State Tax web site can be accessed at http://tax.cchgroup.com.
-- ### --
EDITORS NOTE: For members of the press, a complimentary review copy of Cybertaxation:
The Taxation of E-Commerce is available by contacting Leslie Bonacum at 847-267-7153