I’m always on the lookout for helpful resources — not just to share, but also to learn from myself. From PracticalEcommerce.com, came this thought-provoking post on “The Future of the Law of the Web.”
One of the compelling issues that entrepreneurs may have to face is the extent to which access to the global economy will force them to be conversant with global laws and tax legislation. “Running an interactive website that targets and signs up foreign customers and takes payments will likely by [sic] adequate to require that you follow the laws of that country,” John Dozier writes. As a result, in order to avoid the expense and hassle, online entrepreneurs may need to curtail their expansion plans to focus on a U.S. customer base only.