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Tax Officials Meet In Mumbai To Address E-Commerce And International Taxation

Mary Swire, Tax-news.com, Hong Kong

10 November 2000

This week has seen around 350 of the world's top e-commerce tax officials and practitioners convening in Mumbai, India, for a three-day Asia regional conference focusing on e-commerce and international taxation issues. The event was organised by the India branch of the Netherlands-based International Fiscal Association (IFA) in co-operation with the Organisation for Economic Cooperation and Development (OECD).

IFA President Sven-Olof Lodin proclaimed that his organisation's aim was to provide the global tax community with research and analysis on e-commerce taxation issues to avoid "international anarchy" in this rapidly developing arena. The IFA is the only non-governmental and non-sectoral international organisation dealing with fiscal law and the financial and economic aspects of taxation.

This year's Asia regional event was the second of its kind. The OECD's Head of Fiscal Affairs, Jeffrey Owens, said he wants to work intensely with India in developing e-commerce taxation policy. He said that the OECD aims to provide India, as well as other non-OECD members, with 'a voice in the development of standards and guidelines.' Owens spoke on the need to develop a worldwide mandate on e-commerce taxation, and one that is not limited to OECD member countries, adding that it was important for transitional economies to participate.

Mr Lodin said governments and businesses need to cooperate in creating common solutions to cross-border e-commerce issues, which include the role of permanent establishments, the consequences of competition, and the tracking of electronically delivered goods and services.

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