If you are seriously interested in
international e-commerce, there are some very complex tax issues with
which you must deal.
You can designate one of your financial executives
to become an expert on the subject or you can find a consultant who is
already an expert.
It will cost you a lot of money and time
(opportunity cost) to have an onstaff person get involved in this
speciality. For example, one two day seminar in New York cost about
$4,000 in registration fees and travel costs. Conferences outside the
U.S. are a lot more expensive.
Finding a consultant who is already an expert on
the subject won't be easy either. The demand is increasing much faster
than the supply of qualified specialists. Mid-size businesses are now
venturing into international (cross-border) e-commerce.
The chances are that I already know a lot more
about this subject than any of your executives - unless you own a very
large company. And, unless you use the services of one of the "big five"
international CPA firms, it's unlikely that your local tax advisor is
as well informed as I am at this point. I've been immersed in the
subject for more than a year.
If you are seriously interested in international
e-commerce, you will need access to someone who can give you answers to
your questions. I will provide the highest level of personal access and
service to the companies that help me to extend my expertise in this
subject area.
By the way. I worked for seven years as the
V.P./Controller of a substantial life insurance company and was
responsible for the tax planning for the company. I can do that for
your company with regard to international e-commerce tax issues - but
without your having to hire me on a full time basis.
If your company is too small for a full time
international e-commerce tax specialist on your staff and if you aren't
using the services of the "big five" international CPA firms, I can
help you to cope with these tax issues. My phone number is (888)
516-3177. My email address is jacobs@offshorepress.com.
Vernon K. Jacobs, CPA
For information about my professional credentials
and experience, see my web site at http://www.offshorepress.com/vkjcpa/