E-BIZ STRATEGIES LACK INVOLVEMENT OF TAX DEPARTMENT.
However, only 24 percent of those surveyed say that their tax department is actively involved in e-business strategy development.
The survey revealed that although only approximately one-quarter of companies say that their tax department is actively involved in their e-business strategy, nearly half of the same respondents say that their tax department is responsible for implementing tax solutions that support the e-business strategy.
Respondents felt that tax should be a key consideration in the following areas: sales (74 percent), procurement (62 percent), and logistics (59 percent) if a company is to achieve optimal e-efficiency.
The survey also examined tax issues related to business-to-business and business-to-workforce processes. Few respondents have even begun to look at tax savings opportunities in the e-business world beyond business-to-consumer. Only 49 percent of those surveyed have examined business-to-business processes, with even fewer (18 percent) looking into revenue-saving business-to-workforce services.
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|Title Annotation:||electronic commerce|
|Article Type:||Brief Article|
|Date:||Sep 1, 2000|
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