Saturday, November 15, 2008

Sunday November 16 Internet Duty

Link to article

Comment

26 comments:

Amir said...

By using this technique, the business world will expect an increase in profit since more and more customers would decide to purchase online in order to avoid tax and additional payments. However, this raises the question of security as we know it because there are alot of cyber thefts on the internet that can pose threats to customers that shop online. Because of this, how reliable can internet shopping be in terms of providing privacy and financial security to consumers. In conclusio, internet shpping is useful to a certain extent because there are several limitations towards it since their financial security and identity is at risk of being stolen everytime they shop online.

Shadi said...

This article states that internet shoppers that pay under £105 will not have to pay for customs. This will further encourage people to buy from the internet rather than from stores since they would have to pay less for delivery.But most importantly, this article shows a trend on how business is changing to more IT systems and in this case, the internet. But the fact still stand that the internet is still not a very secure source and there is a high chance for people to get scammed. So this raises the question of security and reliabilty.

Muneera.K said...

qf.org.qathe business is expecting an increase in profit and more customers online will decide to purchase online in order to avoid tax and additional payments. but there are a lot of theifs on the internet. so the security has to be careful. Internet shopping is useful but you have to be careful and safe.

Rawan said...

Internet shopping; its a huge piece of buisness and technology. It involves stake holders, there are people who make softwares online, secire the inscription for safety. TO buy things outside the world through the internet internationally.

Abdulaziz AL-Derham said...

This article is about internet shopping that would not need to pay tax if you buy something for some sort of amount. This would make more people to start buying items from internet so that more and more people wouls use internet shopping. This article is showing how the IT system is developing that is letting people trade in their homes while they are on the internet.

Mariam Al-Thani said...

This new method will create an increase in profit since more and more customers purchase items online in order to avoid tax and additional payments. The ethical issue is the question of security because of phishing and cyber thieves. These thieves pose a threat to online shoppers so they are very skeptical towards shopping online because of that fear. Internet shopping can be very useful and easier but like anything else it does pose a threat of internet theft which can be both financial and and identity. This impacts society both positively and negatively, they can benefit from internet shopping and there is a risk of identity theft.

Shaika J Al-thani said...

This article is about internet shopping. It’s a huge piece of business. Internet shopping makes it possible to send things all around the world. Most people on the world pay taxes. Western countries base their life on the taxes. When you buy stuff on the internet, sometimes they collect the taxes sometimes they don’t. There is a whole lot of tax money that is lost. A lot of tax revenue and VAT is lost through the internet. Online companies get bigger and stronger. The government looses the ability to take the money. people are beginning to be suspicious from the internet.

Hussain Al Jaber said...

This article is about internet shopping , people make lots of softwares to sell things online for example IBM. the issue here is is about paying tax and charging tax. so lots of goverments are concered because internet selling. people always hold concerns about internet trade and weither its safe or not , because lots of people loose money by that too.

Mariam said...

This article talks about Internet shopping where it is not neccerssary to pay tax if the shoppers buy things worth less that £105. This encourages others to buy more through Internet Shopping which in return encourages those who do not shop via Internet shopping to do so. This new method creates a great profit. A problem though with Internet shopping is the fact that is also a question of safety as internet theft can be a big issue nowadays.

Unknown said...

Business is affected by this issue. It gains benefits. People are attracted to shop online. But shopping online has its own disadvantages. These disadvantages can make people mistrust online shopping. It raises security questions. Identity can be stolen by online shopping. The ethical issues involved are security, privacy and authenticity.

Abdulrahman Al Khalifa said...

This article represents the major integration of the internet and shopping. This integration is useful and beneficial to most customers due to the fact they may be paying less than they would usually pay in a normal store on a street, they would also be able to avoid VAT on items which are bellow a certain price. The issues of this is security, due to the fact that the more internet activity there is the more risks there are, and by integrating shopping and the internet in such a way it would be a logical target for internet criminals.

Joanna Seraspi said...

Internet shoppers will not have to pay customs duty on items they have bought for less than £105 from outside the EU.
which means that because of this..they payment given to the customs for goods online would decrease since taxes will be eradicated. Which will result into more consumers will come to them to buy stuff since they wont need to pay for the customs payment. An issue here is the reliability of trusting the site your using to buy the things you want. Cause your giving out your credit card numbers and personal information here and there a risk of identity theft if the website you used isnt trusted. So the issues here are reliability, privacy and security...

Dana Al Thani said...

Through this approach to internet shopping, there will be a much larger increase in the earnings within the business. There will be a larger scale of customers, that would decide to get a hold of items through internet shopping. The downside to this new approach would be security reasons, there is huge amount of wired theft that happens on a daily basis. This would create threats to all the consumers that use this method of online shopping. Customers would and should raise the question of the reliability of internet/ cyber shopping, how secure is it financially ? Another obvious security problem that could happen is Identity Theft, which is a huge risk.

Ameera Al Ansari said...

This is a very good thing for the business world, because the profit will increase. More people will use the internet to purchase thing because they will find it easier and also to avoid tax. This article shows how the internet and the World Wide Web is affecting the Business World

Ammar said...

this move will have a huge impact on society, since the use of internet will spread more around the world.
the article is called internet duty, it's about taxes for buying things on the internet, and how Britain cut off these taxes.
this will benefit the business around the world and will get more people to buy things online, since in some places you have to pay taxes for buying things from stores but with having the same product, tax-free online then you'll surely buy it online where's it's cheaper.

Ekene said...

Increasing the VAT and/or duty rate is a good way of increasing the profit obtained form goods. An increase in the number of online shoppers should be expected because people will try and avoid the imposed tax. Th main question here now becomes "the reliability of internet shopping". Scammers can obtain people's personal information through the web. Therefore the migration of normal shopping to internet shopping might not be such a good idea.

Jassim Al-Thani said...

This technique would greatly encourage more people to shop via the internet. Many people buy things less than 105 pounds and by them not having to pay customs would be very good for them. It will create an increase in profit since more and more customers purchase items online in order to avoid tax and additional payments. The ethical issue is clearly security because of phishing and cyber thieves. A lot of people are afraid of putting information such as their credit card numbers online because they constantly hear of internet thieves.

Louis Smiths said...

This technique would cause an increase in revenue of companies online. Because customers would buy their things online because it does not take much duty. The problem here is a reliability issue in internet shopping in terms of providing finance security and privacy. Internet shopping is great and it sometimes costs less but it has boundaries in terms of privacy and security.

Eva.janie said...

This article adresses the issue of globalization and cultral diversity. This is because the decrease in VAT means that people are more likely to buy overseas and online, this overtaking political boundries.

Ghaleb said...

The
technique would greatly encourage more people to shop via the internet. Many people buy things less than 105 pounds and by them not having to pay customs would be very good for them. It will create an increase in profit since more and more customers purchase items online in order to avoid tax and additional payments. The ethical issue is clearly security because of phishing and cyber thieves. A lot of people are afraid of putting information such as their credit card numbers online because they constantly hear of internet thieves.

Rasha said...

this article is about online shopping, this move will benefit thousands of customers who buy items such as DVD players from the US which have a 14 % duty rate. The stakeholders that are involved with this issue, are the people that allow this online method to be done, the shoppers that are buying these items are also other stakeholders that are involved, and the banks are also involved.

sara said...

The article shows how special offers of Internet shopping, such as no need to pay customs duty on products less than 105 pounds; increases the number of sales. The business selling the products encourages people to purchase products over the Internet.

One stake holder concerned with this is obviously the business the products are being purchased from. Businesses will benefit from this mainly form the increase in sales; however they will also benefit from an incrase in the size of their market research data.

Another stake holder considered with the article is the customer who will clearly benefit as they will be able to purchase products for cheaper prices.

anar said...

Because of the fact that online customers dont have to pay tax if the item is less than 105 Euros, more customers would be drawn in towards the service.
this would be good for the online companies that provide this application because it would be tax free and more convenient, but the internet is not protected and the matter of reliability and secutiry comes into view.
Even though there are deals and easy-to-do instructions to order from the internet, people need to be aware of the disadvantages aswell.
Identities could be stolen and money could be thieved. so before people give their information up for a good deal, they should consider how the internet is really protected.

Lara K said...

The article addresses the issue of reliability and security. The ethical issue is the question of security because of phishing and cyber thieves. This article concerns the question of security because there are alot of cyber thefts on the internet that can pose threats to customers that shop online. Because of this, how reliable can internet shopping be in terms of providing privacy and financial security to consumers. Giving personal information to websites including credit card numbers is a serious concern if the website can be trusted.

Maryam Al-Subaie said...

The issue addressed in this article is removing the VAT imposed on foreign internet shoppers. In the past, foreign shoppers would be charged for VAT anyways. They were allowed to receive back their money from EU governments by following a long time consuming procedure which includes submitting a form.

This change encourages consumers outside the EU because it would mean that the selling prices of goods are reduced. Another issue raised is globalization. EU laws were previously imposed on non-EU citizens until recently removed. Technology plays an important role in establishing this change because online shopping makes it easy to deduct the tax from the foreign consumers.

Iman Soufan said...

If this technique and this idea is carried out, the business world will benefit increasingly and get more profit due to more customers purchasing goods from the internet since they will be able to avoid paying taxes.
The issue involved with this is security. We all know that the internet is not safe, therefore customers will feel in danger.
Although, since it is a globalized economy, and they charge you VAT online, people will stop going out to buy anything and they will become more and more lazy.