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[FYI] Web tax consensus reached


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Web tax consensus reached  

By Michael Peel, Accountancy Correspondent  

Published: January 9 2001 21:08GMT | Last Updated: January 10 2001 

The world's industrialised economies have reached a landmark 
agreement that defines for the first time how they should tax 
business conducted through internet servers and websites.   

Tax experts said the deal marked an important clarification but 
stressed that the rich nations needed to hold further talks to 
develop a comprehensive approach to taxing e-commerce.   


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