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SPECIAL REPORTS



KNOWLEDGEBASE

FACT FILE

A thorough reference file of up-to-date information compiled by our expert editors and arranged in easily accessible sections. The fact file covers taxation and regulation of offshore e-commerce, the facilities and services needed, and reviews the business sectors and functions which can make use of offshore e-commerce
- Taxation of Offshore E-commerce
- Regulation of Offshore E-commerce
- Offshore E-commerce Facilities
- Offshore Professional and Financial Services
- Offshore E-commerce Applications

JURISDICTIONS

The jurisdictions section of Offshore-e-com.com has in-depth analyses of e-commerce in three leading jurisdictions - Bermuda, Gibraltar and the Isle of Man - and has links to summaries of e-commerce development in 25 other offshore jurisdictions
- Jurisdictions Menu

E-COMMERCE GLOSSARY

The Offshore-e-com.com glossary explains the meaning of many abbreviations and technical terms met with in offshore e-commerce
- Full Glossary



BUSINESS GUIDE

No-one likes to pay too much tax, and the overall burden of tax in the world's larger business jurisdictions is heavy not just in itself, but also imposes substantial and worsening administrative burdens on a business. Regulation in general just gets more and more complex, in addition.

Prior to the Internet, there was little that most types of business could do to rduce tax and regulation, although individual owners were often able to go 'offshore' with the proceeds of their work, and increasingly did so as tax levels rose. Individual tax levels have fallen back to some extent, and in some countries, but the taxman has become more efficient, and the classical equation of working onshore and enjoying offshore becomes ever harder to sustain.

The Internet has changed the equation, and this site attempts to explain why and how almost all businesses can substantially reduce their tax bills and preserve wealth by taking advantage of offshore e-commerce. This section in particular offers practical help in choosing a jurisdiction and in setting up an offshore e-commerce operation.

E-SHOP BASICS

Describes how to go about setting up an entry-level e-commerce retailing operation, in case you want to do it yourself.

LOCATION

Describes the criteria that should be applied to choosing an offshore jurisdiction.

GETTING STARTED WITH OFFSHORE E-COMMERCE

Describes the criteria that should be taken into consideration when starting an offshore e-commerce operation.



CASE STUDIES

There are so many variable factors in the situation of each company, including business sector, ownership structure, country of origin, size, capital structure and level of profitability, to name just some, that it is hardly possible to illustrate the principles of offshore e-commerce in any general way. Still, case studies can show typical sequences of steps needing to be taken when going offshore, even if the detail will be different in each case.

The six case studies in this section cover six of the more likely business situations in which offshore has a lot to offer; but the truth is that the Internet has made it possible for almost every business in a high-tax country to get advantage offshore.

For direct assistance with establishing an offshore e-commerce operation, see our E-commerce Business Guide.

- Electronic Products Business to Business Case Study
- Electronic Products Consumer Case Study
- Physical Products Business to Business Case Study
- Physical Products Consumer case Study
- Offshore Banking and Financial Services Case Study
- Offshore Corporate Functions Case Study

LATEST E-C0MMERCE NEWS

EU, Japan Finalize Landmark Free Trade Deal
by Ulrika Lomas, Tax-News.com, Brussels
Monday, December 11, 2017

The EU's new free trade agreement with Japan, finalized by negotiators from both sides on December 8, 2017, has been described as the European bloc's most comprehensive yet.
Read full story

EU Auditors Concerned By Customs Tax Loopholes
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 8, 2017

EU customs controls are not being applied effectively, an EU audit has found, with importers able to take advantage of loopholes to reduce or evade their duty liabilities.
Read full story

ECOFIN Approves VAT Overhaul For Digital Economy
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 5, 2017

The European Commission has welcomed an agreement reached among EU finance ministers on the introduction of simpler and more efficient rules for businesses that sell goods online.
Read full story

EU States To Work Together To Stamp Out VAT Fraud
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 1, 2017

On November 30 the European Commission released new tools intended to make the European Union's value-added tax system more resilient to fraud.
Read full story

UK To Continue Pushing For Effective MNE Tax Rules
by Jason Gorringe, Tax-News.com, London
Monday, November 27, 2017

On November 22, the UK Government published for stakeholders' comments a position paper setting out its views on the challenges posed by the digital economy for the corporate tax system and its preferred solutions.
Read full story

EU States Delay Approving Latest Digital VAT Reforms
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, November 8, 2017

EU finance ministers have failed to reach a political agreement on adopting plans on reforming value-added tax rules for e-commerce.
Read full story

Luxembourg's Public Finances Sound, Despite VAT Revenue Plunge
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, November 1, 2017

The Luxembourg Government's Budget came close to balance in the first three quarters of 2017 as revenue growth outpaced spending, despite a continuing sharp fall in value-added tax revenues following the introduction of new place of supply rules in the European Union.
Read full story

EU Consults On Taxing The Digital Economy
by Ulrika Lomas, Tax-News.com, Brussels
Friday, October 27, 2017

The European Commission has launched a consultation on policy solutions to the problems associated with taxing the digital economy.
Read full story

OECD's Gurria Calls For Collective Action On Digital Taxation
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, October 17, 2017

OECD Secretary-General Angel Gurria has called for a collective effort on the design of temporary, short-term measures to tackle the international tax challenges of the digital economy.
Read full story

Luxembourg Tax Ruling Quartered Amazon's Tax Bill: EU Commission
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, October 4, 2017

The European Commission has concluded that a tax ruling issued by Luxembourg in 2003, and prolonged in 2011, lowered the tax paid by Amazon in the country without any valid justification, and ordered the Government to recover around EUR250m (USD295m) in unpaid taxes from the retail behemoth.
Read full story