Article Abstract:
There is a need for tax reforms to respond to changes triggered by the development of the internet. Tax competition will not necessarily lead to countries lowering taxes en masse, since companies can be attracted by good quality services as well as low taxes. Corporation tax could be abolished, since stockholders, customers and employees of companies pay taxes. Environmental and consumption taxes are seen as less harmful than income tax by some economists.
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Article Abstract:
The impact of the internet on air travel and likely future developments are examined in detail.
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Article Abstract:
The internet changes business life rapdily, though its impact on ordinary people can be exaggerated. Internet shopping is popular, as is e-mail, but the biggest impact has been on business. Companies can set up direct links with customers through the internet, as well as develop stronger links with trading partners. Companies can enter new markets and cut costs. The impact varies from one industry to another, and between companies in the same industry. Collaboration with outside enterprises may become more important as a result of increased usage of the internet.
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