Internet Marketers Beware - The Governments of the World Want to Tax You!

For longest time online businesses have enjoyed an advantage that their retail brick and mortar business do not have. These Internet Companies that sell their wares are for the most part not charging sales tax or paying it to the local governments. Of course, local government agencies are desperate for those monies now and are pushing to get at it.

Many online businesses also do not declare their income and yes, I agree that it is not worth chasing every little Internet Marketer around, most don't make any money anyway. It's always nice I suppose to put the fear of the Canadian CRA or American IRS into them so they come clean or think twice.

Indeed, I am glad to see the IRS and CRA working together to prevent tax cheats, and perhaps catch terrorist money making laundering and such, although when governments share data, it sets up a problematic situation if someone working in one of those agencies in either country is the bad guy, then information has been given away.

Worse, competitors might seek such information; this poses a huge problem depending on the extent of the data sharing program. We already have foreign governments sharing information and spying on corporate executives and their travels and giving the information to their teams remember governments and business are always a bit too cozy, ah Adam Smith speaks from the grave?

In everyone's haste to root out terrorism, and share information, that information is now available on anyone, by any government in the world, many of which are more corrupt than the criminals trying to hide themselves. Often, the corruption is pretty disgusting, and you do not have to read spy novels to figure it out, it's pretty obvious, but no one dares address these real issues, so the game continues.

And despite this criticism, the tax man cometh, and he may just be a virtual avatar chasing you around online. Think on this.

Lance Winslow - Lance Winslow's Bio. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/. Article Source: http://EzineArticles.com/?expert=Lance_Winslow