аЯрЁБс>ўџ 79ўџџџ6џџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџьЅСq П%bjbjt+t+ "$AA%џџџџџџ]ЈЈЈЈЈЈЈМММММ ШМs!ішшшшшшшш8!:!:!:!:!:!:!$i"є]$А^!Јшшшшш^!jЈЈшшшjjjш‚ЈшЈш8!ММЈЈЈЈш8!j”jўІЌhЈЈ8!шм мЊЉЛёСММj!$Seminar on "Revenue Implications of E-commerce" 22 April 2002 Oral Report by the Chairperson of the seminar, H.E. Mrs. Mary Whalen made at the 40th Session of the CTD on 25 April 2002 Upon the request by delegations and as part of the Committee on Trade and Development's Work Programme on Electronic Commerce, a seminar on the topic of "Revenue Implications of E-commerce" was held under the auspices of the Committee on Trade and Development on Monday, 22 April. In the absence of the Chairman of the Committee on Trade and Development, I had the pleasure to chair the seminar. A more extensive written report will be attached to the minutes of this meeting. A general introduction to the topic with some recent trends in e-commerce, a description of the taxation-related issues at stake, the situation for developing countries and the АФУХСљКЯВЪЙйЭјзЪСЯ perspective were given during the morning session of the seminar. In the afternoon, the speakers provided different country and private sector perspectives. Delegations heard that there was a dramatic drop in spending on information technologies in late 2001 due to the general economic situation, but that the private sector expects to increase technology spending in the near future. E-commerce's next wave is productivity increases via the use of technologies. Delegations were told that firms must thus harness technology to drive productivity. An overview of the problems raised by taxation of e-commerce and of the initiatives that are currently being undertaken to resolve them was presented. Three technical features of the Internet and Intranet systems likely to have significant impact on the operations of tax systems, were identified as the lack of central control, the lack of central registration and the difficulty of tracing transactions. Sales of digital products rather than sales of tangible products carried out through electronic networks were identified as raising novel and difficult questions for the collection of consumption taxes. The implications of the technology changes for territorially based taxed systems are significant. First, there is the increase in cross-boarder transactions of a significant scale. Second, the digitization of information creates difficulties in defining the source, origin and destination of both consumption and production. The most significant issues raised by the advent for income tax regimes are those relating to jurisdiction to tax and the characterization of income. The problems concerning the application of consumption taxes are generally recognized as having more immediacy than the issues concerning direct taxation. The seminar was told that on the basis of 1999 figures, the share of digitized products in world trade remains extremely small. It constitutes about one percent of world exports and imports and about 0.4 percent of developing country exports and imports respectively. The shares of digitized product import revenue of total government revenue is only about 0.4 percent in developed countries and 0.6 percent in developing countries. Electronic commerce poses both challenges and opportunities for developing countries. The challenges includes the potential tariff revenue losses which are higher in developing countries than in developed countries, although they are still very small in terms of overall government revenue. However, the potential tax revenue losses from value added taxes are significant in developed countries. Developing countries will remain net e-commerce importers in the short to medium term. There was also a presentation of issues related to the classification issue of whether digital deliveries fall under the GATT or the GATS framework. The classification issue is important because of the structural differences between GATT and GATS. The levels of benefits under GATT can differ significantly from those available under GATS in the short term. Questions that need to be considered in this context include: 1. What are the implications of e-commerce for the promotion of economic development and what are the implications for development of erecting barriers to e-commerce? 2. What are the implications of legal uncertainty about how АФУХСљКЯВЪЙйЭјзЪСЯ agreements apply to e-business and e-trade for expanding trade and economic growth? 3. Does АФУХСљКЯВЪЙйЭјзЪСЯ risk falling behind as commercial players continue apace to adopt and employ the new advances in technology in commercial trade? The afternoon session of the seminar provided country and private sector experiences. There was agreement that e-commerce is business as usual. However, poorer developing countries need to concentrate on the build up of human and physical infrastructure. Electronic commerce can provide additional opportunities for development, especially for developing countries losing their comparative advantage in traditional economic sectors. Speakers said that many developing countries stand to gain much more by maintaining an environment in which electronic commerce can flourish, rather than introducing new, cumbersome and restrictive measures to tax digital products and services and that they should not stand in the way for the development of e-commerce. Estimates suggest that up to 90 percent of e-commerce is business to business. E-commerce helps reduce the cost of information flows which some companies estimate to 40 percent of investment costs, and it can facilitate the harvesting of further benefits from existing systems. Companies will continue to optimize according to their needs, but will not necessarily exploit the Internet to avoid taxes. In conclusion it seems that e-commerce poses both challenges and opportunities to developed and developing country governments and companies alike. The direct effects on government revenue through tariff losses seem to be very small whereas the effects on the efficiency of an economy can be large. @”–ЛМН Z\"#%§ћїћ§ћєєяCJmH mH 6H*65 01?@…†ЛМНœ№ё{ |   [\іїžŸGмjkќќќќќќќќњњњњњњњњњњњњњњњњњњњњњ$01?@…†ЛМНœ№ё{ |   [\іїžŸGмjkabії$%ќљіѓ№эъчфсолиевЯЬЩЦУРНКЗ ъџџžыџџŸыџџ•юџџ–юџџ$яџџЙяџџa№џџb№џџ ђџџ ђџџ№ѓџџёѓџџЄѕџџЅѕџџыјџџьјџџ„њџџ…њџџќџџќџџc§џџd§џџCџџџ#kabії$%§§§§§§ А‚. АЦA!А "А # $ %АА G [4@ёџ4Normal $ ЦаCJmH F"F Heading 1$ & F6„а„0§Є№@&5;J2J Heading 2"$ & F7„а„0§Є№@& Цh:JBJ Heading 3"$ & F8„а„0§Є№@& Цh5FRF Heading 4"$ & F9„а„0§Є№@& Цh@@ Heading 5 & F:„а„0§Є№@&6.. Heading 6 Є№@&.. Heading 7 Є№@&<A@ђџЁ<Default Paragraph Font4Tђ4 Block Text„ „ Є№8B8 Body Text & F1Є№ Цh6P6 Body Text 2  & F2Є№:Q": Body Text 3 & F3„pЄ№Hў2H Body Text 4 & F4„p„0§Є№ Ц8p6ўB6 Body Text 5  & F5Є№LMRLBody Text First Indent  & F„а<Cb<Body Text Indent „аЄ№HNarHBody Text First Indent 2„аFR‚FBody Text Indent 2„аdрЄ№DS’DBody Text Indent 3 „аЄ№CJ:+Ђ: Endnote Text $ ЦаCJ8&@ЂБ8Footnote ReferenceH*6Т6 Footnote Text„аCJ* *Index 1 „н„#џ.!в. Index Heading$/ђ$List „а„0§(2(List 2 „ „0§(3(List 3 !„а„а(4"(List 4 "„p„0§(52(List 5 #„ „а20B2 List Bullet $ & F;D6RD List Bullet 2% & F<„ „0§ ЦƒH7bH List Bullet 3& & F=„а„ Цžа@H8rH List Bullet 4' & F>„p„0§ ЦЙ H9‚H List Bullet 5( & F?„ „ Цд 6D’6 List Continue )„аЄ№>EЂ>List Continue 2*„а„аЄ№:FВ:List Continue 3 +„ Є№>GТ>List Continue 4,„ „аЄ№>Hв>List Continue 5-„p„0§Є№81т8 List Number. & FD ЦhD:ђD List Number 2/ & F@„ „0§ ЦƒD;D List Number 30 & FA„а„ ЦžD<D List Number 41 & FB„p„0§ ЦЙD="D List Number 52 & FC„ „ Цд4Z24 Plain Text3 CJOJQJ*JB*Subtitle4$@&<,<Table of Authorities5<#<Table of Figures 6 Ца€,>r,Title7$ 5;KH*ў‚*Title 28$>**ў’*Title 39$66ўЂ6 Title Country:$;... TOA Heading;5DDTOC 1!<$„а„а„0§Є<Є< Цp# 5;BBTOC 2!=$„а„а„0§Є<Є< Цp# :DDTOC 3$>$„а„а„0§Є<Є< Цаp#@J5>>TOC 4!?$„а„а„0§Є<Є< Цp# BBTOC 5!@$„а„а„0§Є<Є< Цp# 6>>TOC 6A$„а„аЄ<Є< Цp# CJ>>TOC 7B$„а„LЄ<Є< Цp# CJ>>TOC 8C$„а„)Є<Є< Цp# CJ>>TOC 9D$„а„Є<Є< Цp# CJJўRJParagr. Num. - WTOE & FEЄ№ Цh\$b\Envelope AddressF&€„@ „ќџ„єџ„№/„Д+DМ CJOJQJ%$џџџџ%k%%13os~„ІЉNQ|€ъяGK„‡хш'џџNilssonp\\Hudson5a\Erad\#Erau\Development\Seminars\Seminar on E-commerce April 2002\Oral report by the Chair - final.doc Administrator?C:\WINNT\Profiles\Moris\Desktop\report_chair_whalen_22apr02.doc|џџџ dЗ2џџџџџџџџ}џџџ (Ь 1џџџџџџџџ~џџџŽ40џџџџџџџџџџџцtlv/џџџџџџџџ€џџџ<ї”Š(џџџџџџџџџџџі@2r'џџџџџџџџ‚џџџH N\&џџџџџџџџƒџџџФ Т>%џџџџџџџџˆџџџтS(Иџџџџџџџџџ‰џџџ<В4Бџџџџџџџџџ47У vш&`џџџџџџџџ'zоd˜оvEџџџџџџџџ]<ж Ђо. >ў%№9pЮ$иЩ2њT„д„˜ўЦд.„Й„˜ўЦЙ.„ž„˜ўЦž.„ƒ„˜ўЦƒ. „д„˜ўЦдOJQJo(З№ „Й„˜ўЦЙOJQJo(З№ „ž„˜ўЦžOJQJo(З№ „ƒ„˜ўЦƒOJQJo(З№„h„˜ўЦh. „h„˜ўЦhOJQJo(З№„а„0§Ца.„а„0§Ца.„а„0§Ца.„а„0§Ца()„„Цh.„ „0§Ц ()„p„0§Цp()„ „Ц()„p„Ц@ ()„„Цho(„ „0§Ц o(()„p„0§Цpo(()џ„p„0§Цpo(-„а„0§Цаo(()„ „0§Ц o(()џ„ „0§Ц o(-„p„0§Цpo(()„@ „0§Ц@ o(()„„Цho(. „а„0§ЦаOJQJo(-№„„Ца.„„Цh.„„Цh.„„Цh()„„Ца()„„Цh.„ „0§Ц ()„ „0§Ц ()џ„8„h§Ц8-EиЩ2иЩ2иЩ2иЩ247У иЩ2иЩ2иЩ2иЩ2иЩ2‰џџџ >ў%ƒџџџƒџџџ‚џџџ‚џџџџџџџџџ€џџџ€џџџˆџџџџџџџџџ~џџџ~џџџ}џџџ}џџџ|џџџ|џџџиЩ2иЩ2иЩ2иЩ247У иЩ2иЩ2иЩ2иЩ2иЩ2 >ў%ƒџџџ‚џџџџџџ€џџџџџџ~џџџ}џџџ|џџџиЩ2иЩ2иЩ2иЩ247У иЩ2иЩ2иЩ2иЩ2иЩ2 >ў%ƒџџџ‚џџџџџџЖФџџџџџџДЪџџџАЈџџџДЅџџџБе<ж'zоџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџ@€4Ё}‰%р@G‡ŸTimes New Roman5€Symbol3& ‡ŸArial?5 ‡ŸCourier New"pˆаhмe†мe†Y (!ЅРДД€0doџџ/Seminar on "Revenue Implications of E-commerce"Nilsson Administratorўџр…ŸђљOhЋ‘+'Гй0œ˜амьј 0< X d p|„Œ”ф0Seminar on "Revenue Implications of E-commerce"emiNilssonilsils Normal.dot"Administratorve2miMicrosoft Word 8.0 @FУ#@ЃІЛёС@ЃІЛёСYўџеЭеœ.“—+,љЎDеЭеœ.“—+,љЎd  hp„Œ”œ ЄЌДМ Ф ф OMC - АФУХСљКЯВЪЙйЭјзЪСЯn( o1 0Seminar on "Revenue Implications of E-commerce" Title˜ 6> _PID_GUIDфAN{7A46585F-5C02-11D6-BDE2-000255790E3D} ўџџџ !"#$%ўџџџ'()*+,-ўџџџ/012345ўџџџ§џџџ8ўџџџўџџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџRoot Entryџџџџџџџџ РF`=ЃЉЛёСАВОЉЛёС:€1Tableџџџџџџџџџџџџ %WordDocumentџџџџџџџџ"$SummaryInformation(џџџџ&DocumentSummaryInformation8џџџџџџџџџџџџ.CompObjџџџџjObjectPoolџџџџџџџџџџџџАВОЉЛёСАВОЉЛёСџџџџџџџџџџџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџўџ џџџџ РFMicrosoft Word Document MSWordDocWord.Document.8є9Вq