Eureka! Institutional Repository

The rapid development of electronic commerce and its significant contribution to the growth of global economy have highlighted some critical issues from a financial perspective, especially the taxation. Τhe fact that the technical characteristics of the Internet complicate the detection of certain commercial operations results in respective difficulty of determining the corresponding tax of the individual transactions, a fact that fosters tax evasion and avoidance, resulting in large amounts of taxable income to evade the financial authorities of the countries. The purpose of this paper is to present the general framework of electronic commerce in Greece and furthermore, in the major markets of the world (USA, EU), under the guidelines of the OECD and the EU, as well as the recent regulatory developments inside and outside the EU.