3 ms·
> do due to real or perceived tax complications? You can go back to Adam Smith complaining about this in The Wealth of Nations. The tax burdens and complexity
by deckard1 5y ago
> do due to real or perceived tax complications?
You can go back to Adam Smith complaining about this in The Wealth of Nations. The tax burdens and complexity have only increased since then.
The trouble today is that the tax/legal world has not yet moved into the 21st century. Try selling something online and figuring out taxes. Am I selling a service or a product? Do I have an economic nexus in certain states? If I'm an American running an online business in America, what are the implications of someone in Germany clicking the "buy" button? What the hell is a VAT anyway? Etc. etc.
GDPR and privacy/data regulations are another legal quagmire.