--- begin forwarded text MIME-Version: 1.0 Date: Fri, 4 Oct 1996 10:17:00 -0500 Reply-To: Law & Policy of Computer Communications <CYBERIA-L@LISTSERV.AOL.COM> Sender: Law & Policy of Computer Communications <CYBERIA-L@LISTSERV.AOL.COM> From: Evelyn Brody <ebrody@KENTLAW.EDU> Organization: Chicago-Kent College of Law Subject: Re: Cybertax Comments: To: loukidej@tor.gpv.com To: CYBERIA-L@LISTSERV.AOL.COM The U.S. Treasury Department and other agencies are quite interested in these issues. In September, at a 2-day conference in Washington, DC, on electronic money and banking, Internal Revenue Commissioner Margaret Richardson described the concerns of tax commissioners world-wide about digital currency. Treasury will be issuing a White Paper in the next month or two that will request comments from the public on a range of tax and policy legal issues relating to electronic commerce. These issues will include, among others, permanent establishment, U.S. trade or business, and compliance and enforcement. See the news story in _Tax Notes_ magazine, Sept. 23, 1996, at 1588, by Ryan Donmoyer, "Tax Principles Must Be Applied to Wired Economy, Richardson Says." (A version of this story is also available electronically in LEXIS, Fedtax Library, TNT file (as a new search).) EB --- end forwarded text ----------------- Robert Hettinga (rah@shipwright.com) e$, 44 Farquhar Street, Boston, MA 02131 USA "'Bart Bucks' are not legal tender." -- Punishment, 100 times on a chalkboard, for Bart Simpson The e$ Home Page: http://www.vmeng.com/rah/