E-commerce Taxation In Belize: How Belize Is Taxing Goods And Services Sold Over The Internet?In last decade, e-commerce has developed rapidly in South American countries, creating a profitable global market for these countries. Most countries in South America have applied their present tax system to e-commerce transactions. In Belize, for example, there are no specific tax regulations for sales made over the Internet. Rather, a general sales tax is levied upon goods sold over the internet.
The following questions have been addressed in this article:How are the goods sold over the Internet taxed in Belize?
How is General Sales Tax calculated on E-commerce transactions?