of the Month: Worldwide-tax.com
Susan B. Anders
DECEMBER 2005 - Worldwide-tax.com
is designed to offer comprehensive international tax and
financial information for business professionals, such as
corporate managers and CPAs engaged in international business.
The site currently provides information on 23 countries.
Most of the information is free, and the site covers its
cost with advertisements.
some resources are available elsewhere, this website is
a good resource for anyone interested in conducting business
in the countries covered. The odd organization of the homepage,
however, may slow down the first-time user. The site map,
accessed through a link at the top of all the main pages,
is faster. The most extensive resources can be reached via
a general topic or a specific country search.
simple design masks the level of information available on
this site. Worldwide-tax.com is organized around the available
countries, supporting service providers, and international
business and tax links. The homepage is designed with the
important links for “shortcuts to countries,”
“world directories,” “business opportunities,”
“news,” “miscellaneous,” and “odds
& ends” presented in a left-hand horizontal menu.
center of the homepage presents an odd mix of materials.
“History of taxation” is a fairly minimal resource.
That particular link, and some other items, such as “bookkeeping—basic
course,” “tax news,” “tax links,”
and “other links,” could be moved to the left
side of the page to reduce clutter. “Tax rates around
the world” is an excellent quick reference and should
be given more prominence. Other links, including “embassies
& consulates,” “tourism guides,” and
“world stock exchanges,” provide important information,
but they should be in the left-hand index. “News—general
& economics” and “world business opportunities”
are listed on the left-hand menu and do not need to appear
in the center of the homepage.
individual country pages are the real gems of worldwide-tax.com.
They are a must-see for CPAs and managers that are new to
conducting business in a country, as well as for frequent
business travelers. Each country’s webpage includes
a flag, a map, and a well-organized index of materials,
as well as details on territory and population, main cities,
national holidays, currency, and business hours. Tax professionals
will find the individual country summary tax information
helpful on individual and corporate income taxes, tax rates,
capital gains, reporting dates, and estimated tax payment
and withholding requirements. Worldwide-tax.com also lists
sources of tax-exempt income and types of individual and
business tax deductions. Basic information on other taxes,
such as the value-added tax, is featured, as well as news
on recent tax changes.
website provides a number of tools that should interest
CPAs involved in international business, as well as corporate
managers and accounting students. The “world directories”
page groups accountants and tax experts by individual country.
Most entries have websites in English and also have English-speaking
& consulates” is a well-developed feature and
can be accessed from the homepage. The “world stock
exchanges” page offers connections to 20 stock exchanges.
Other useful resources include links to the Moores Rowland
International Business and Tax Guides and to the Organisation
for Economic Cooperation and Development (OECD). “Tax
links” provides a connection to the IRS Income Tax
Treaties webpage, and the “bookkeeping—basic
course, lesson 11” on value-added tax accounting is
also worth a look.
B. Anders, PhD, CPA, is an associate professor of
accounting at St. Bonaventure University, St. Bonaventure,