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New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below. |
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| 09/09 New
Lowtax Editor Column, by Kitty Miv |
| 08/09 New
PBTG Editor Column, Caroline, PBTG editor |
| 07/09
Flaws Uncovered In UK PAYE Tax System, Tax-News.com |
| 06/09
German Cabinet Agrees 'Future Package', Tax-News.com |
| 03/09
South Africa Rejects Mining Tax, Tax-News.com |
| 02/09 New
Lowtax Editor Column, by Kitty Miv |
| 01/09 New
PBTG Editor Column, Caroline, PBTG editor |
| 01/09 International
Privacy and Security, Investors Offshore special feature |
| 31/08
Lowtax Belize, annual update |
| 27/08
IRS To Drop UBS Lawsuit, Tax-News.com |
| 26/08 New
Lowtax Editor Column, by Kitty Miv |
| 25/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 24/08
Uruguay Stays On OECD Grey List, Tax-News.com |
| 23/08 Don't
Forget Doha, And I Don't Mean The Tennis, Jeremy Hetherington-Gore
blog entry |
| 20/08
Ireland Plans Social Security Overhaul, Tax-News.com |
| 19/08 New
Lowtax Editor Column, by Kitty Miv |
| 18/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 17/06
Lowtax Cayman Islands, annual update |
| 16/08
Germany's Fiscal Court Seeks Property Tax Reform, Tax-News.com |
| 13/08 Jurisdiction
Special Focus: Antigua and Barbuda, Investors Offshore special feature |
| 12/08 New
Lowtax Editor Column, by Kitty Miv |
| 11/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 10/08 Brazil
Cuts Import Tariffs, Tax-News.com |
| 09/08 Ukraine
Tax Code Published, Tax-News.com |
| 06/08
France Plans Reform Of Property Tax Credit, Tax-News.com |
| 04/08 New
PBTG Editor Column, Caroline, PBTG editor |
| 02/08 Islamic
Finance - The New Mainstream Alternative, Investors Offshore special
feature |
| 28/07 New
PBTG Editor Column, Caroline, PBTG editor |
| 27/07 UK
Launches Raft Of Tax Consultations, Tax-News.com |
| 26/07 Fat
Tax On The Menu , Jeremy Hetherington-Gore blog entry |
| 23/07 Sarkozy
Seeks 'Fiscal Convergence' With Germany, Tax-News.com |
| 20/07 Singapore
Base For Tuvalu OIFC, Tax-News.com |
| 15/07 St
Vincent & The Grenadines, Investors Offshore special feature |
13/07 Tax-
News.com Jersey Review 2010-2011 |
| 12/07 Goodbye
To All That, Jeremy Hetherington-Gore blog entry |
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06/07 Hong
Kong Full PBTG Guide, added to Personal Business Tax Guide |
| 28/06
Lowtax Dubai, annual update |
| 18/06 Singapore
- Another Hong Kong?, Investors Offshore special feature |
| 15/06 Swiss
Parliament Approves UBS Agreement, Tax-News.com |
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08/06 Dubai
Full PBTG Guide, added to Personal Business Tax Guide |
| 04/06
Lowtax Panama, annual update |
| 01/06
Lowtax Luxembourg, annual update |
| 03/03
Personal Business
Tax Guide, PBTG, has launched! |
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| Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers. |
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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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| E-Commerce Solutions Continue To Flourish In Caribbean |
by Amanda Banks, Tax-News.com, London
Thursday, July 23, 2009
First Atlantic Commerce, a leading international multi-currency payment and risk
management solutions provider, and Scotiabank, an international bank based in
Canada and the leading bank in the Caribbean, have joined together to offer 3-D
Secure services to online merchants in seven countries across the English-speaking Caribbean.
Through this partnership, Internet merchants in the Caribbean will now be able
to support 3-D Secure for Verified by Visa and MasterCard SecureCode on their
web sites for the first time. The service will be available to merchants in
Jamaica, Bahamas, Barbados, Trinidad & Tobago, Anguilla, Turks & Caicos
and Guyana with rollout to an additional eleven countries in the Caribbean
planned in the near future.
“This is an extremely important service for online merchants,”
said Andrea Wilson, CEO of First Atlantic Commerce. “The objective of
3-D Secure is to reduce fraud through the verification of the cardholder at
the time of payment in a ‘Card-Not-Present’ environment, such as
the Internet. When implemented, 3-D Secure protects online merchants from the
financial losses associated with ‘I didn’t do it’ chargebacks.
We are very excited about making this more available in the region.”
Both Visa and MasterCard offer chargeback liability shift for fraud related
chargebacks when the transaction is authenticated through Verified by Visa and
MasterCard SecureCode. This also includes liability shift for attempted Verified
by Visa and MasterCard SecureCode requests, which means that even if the cardholder
is not enrolled, the merchant is not liable for certain Reason Code chargebacks.
So the benefits to both Scotiabank International and its merchants are significant.
“The launch of this service to our existing and prospective Internet
merchants is yet another way that Scotiabank is helping our clients in minimizing
online fraud, while maximizing sales,” said Rob Macdonald Scotiabank’s
Director, Merchant Acquiring Services. “We have worked with FAC for many
years processing millions of dollars of credit card transactions for a range
of businesses and government bodies, and implementing 3-D Secure is a natural
next step in the evolution of our solutions to these important customers,”
he added.
According to FAC, the primary benefits associated with 3-D Secure are:
- Provides internet merchants with the ability to verify a consumer’s true
identity through a secure, electronic, non “face to face” authentication
process;
- Enables all parties in an eCommerce payment transaction to transmit confidential
and valid payment data;
- Provides verification to the merchant that the buyer is the authorized
owner of a card account;
- Offers immediate protection from fraud-related chargebacks.
A comprehensive report in our Intelligence Report series
examining the new possibilities that offshore e-commerce open up for business,
and analysing the offshore jurisdictions that have led the way in offering professional
e-commerce regimes for international business, with a particular focus on e-gaming,
is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp
and a description of the report can be seen at
http://www.lowtaxlibrary.com/asp/description_report6.asp
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| THE LOWTAX LIBRARY
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