Business Tax Laws
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Question: What are the sales tax laws on an online business?
My business would not ship any actual product. It is a service business. People would purchase a membership and have access to my services. So, what are the sales tax laws for that type of online business?
Answer: Dear CM: This is state question and look at your states dept of taxation to see what services are taxed. You should also get registered with the states taxation authority(get a tax ID number) and learn your filing requirements. Keep good records and possiblly you can claim a home office and computer.
This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent
Tax collection target: FBR eases SBP concerns
KARACHI (January 17 2010): Asrar Raouf, member, direct tax, Federal Board of Revenue (FBR) has eased the State Bank of Pakistan (SBP) concerns over a low tax-to-GDP ratio, saying that the target of 10.4 per cent would be achieved in current fiscal year.
Romanian Tax, Law & Lobby 2009