Trade and the Internet
Nowadays there is growing number of people wishing to start a business in Internet commerce. Despite the fact that Internet commerce is subject to the same standards of tax legislation, as conventional trade, e-commerce through virtual shops still have their advantages.
Over the years West Union Group’s team participated in major projects in advising on tax issues that arose from e-business projects, as well as the normal trading companies, including the selection of appropriate jurisdiction, as well as identifying and minimizing tax risks at all stages of operation. Our experience allows us to take into account all peculiarities of the project of any complexity at any stage of its implementation.
It is important to note that the scope of the Internet is not limited to virtual stores and providers of their services.
Below are a few areas of our expertise:
• Tax optimization relationships between by content providers / software and social networks or other large Internet projects.
• Issue online currency payments subsequent conversion.
• Tax payment agents and processing companies.
• The implementation of transactions through a merchant account.
Over the years West Union Group’s team participated in major projects in advising on tax issues that arose from e-business projects, as well as the normal trading companies, including the selection of appropriate jurisdiction, as well as identifying and minimizing tax risks at all stages of operation. Our experience allows us to take into account all peculiarities of the project of any complexity at any stage of its implementation.
It is important to note that the scope of the Internet is not limited to virtual stores and providers of their services.
Below are a few areas of our expertise:
• Tax optimization relationships between by content providers / software and social networks or other large Internet projects.
• Issue online currency payments subsequent conversion.
• Tax payment agents and processing companies.
• The implementation of transactions through a merchant account.
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