In Chapter 4 we examine characterization of income that comes from payments related to goods protected by intellectual or industrial property laws.
Retailers have a legal responsibility to keep any personal details they collect safe. It is also much more difficult for customers to determine the authenticity of websites.
The ability to identify the USP is the ability to install a productive and profitable e-commerce strategy. In chapters 3 and 4 we examine the main issues concerning the tax treatment of income obtained electronically.
On the contrary, intangible property is generated by a creative process or by human conceptual endeavour such as literary, dramatic, musical, artistic and scientific works that is capable of legal protection, e.
Particularly, our analysis is circumscribed to the e-business entirely carry out by the web.
It has become important for organisations and their online presence to identify the risks and threats to security in order to promote a safer security environment. Therefore, in Chapter 4 we analyse also some relevant cases in order to establish if the transfer of software involves a copyright i.
This distinction is quite important because the entity that operates the server hosting the website is normally different from the entity that carries on business over the Internet by an hosting agreements. Savvy retailers have been quick on the uptake, providing content and delivery mechanisms more suited to the m-commerce platform.
A good knowledge of the mechanisms of the technology is required in order to take full advantage of the opportunities available. This makes it very difficult to trust that the retailers are who they claim to be. One of the major perceived threats of e-commerce is the issue of security.
The commentary on the OECD Model Tax Convention published in July take the novel view that payments made under arrangements between a software copyright holder and a distribution intermediary do not constitute a royalty if the rights acquired by the distributor are limited to those necessary for the commercial intermediary to distribute copies of the software.