Itm in Vietnam

ECON 505 CASE STUDY-1 (Already submitted by email) The first decade of the 21st nose candy has witnessed the dramatic tout ensembley changes in the Telecommunication technology and its business sector, in which net profit based commerce is one of the most expanding activities. In Vietnam, even lucre services are regulated strictly; there is only one IAP (Internet Access Provider) and limited issuing of licensed ISPs (Internet Services Provider), the internet users keep on increasing. Up to May 2010, the users are approximately 24.3 million accounting for 28.29% of Vietnamese population[1]. There is no doubt that the E-commerce industry would soon sustain increasingly important in the Vietnamese economy. The question is, should the Internet tax including the Internet access and Internet commerce be imposed or remained free by using any(prenominal) kind of ITM system like the USA does? The following articles go away deal with some pros and cons of a Law similar to the ITM. However, firstly, we should pip clear the meaning of the ITM enacted by the US. The Internet Tax emancipation Act (ITFA) originally placed a moratorium prohibiting States and local authorities of the US from imposing 3 kinds of taxes: i. Internet access taxes; ii. sevenfold taxes on online transactions; iii. Discriminatory taxes on online transaction; it does non mean that the Act could prevent the government from imposing the taxes from all electronic commerce, such as Internet sales, Internet telephone services (like VoIP).

By this approach, my summarized pros and cons of the law mentioned as follows: |PROS |CONS | |Protected users variable from Internet surfers to big companies from the |Reduce a portion in the government budget | |multiple and discriminatory taxes in Internet usage and Internet access taxes|... If you want to get a full essay, order it on our website: Orderessay

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