Question

Discuss these in about a paragraph

- Your thoughts on the future of Brick and Mortar based commerce

- Legality aside, your thoughts on the issue of taxation relative to EC sales

Answer 1

Brick and Mortar mainly refers to the traditional or the conventional way of running the business. Brick here refers to the building the physical building and mortar mainly the business, so brick and moratr cbased commerce is the business service where the customer has to walk in to buy the products. In simple words this type of business involves face to face interaction. But these days most of these brick and mortar kind of business has become the click and mortar type. The increasing ecommerce platforms has lead to the downfall of many of the convenient stores etc. The brick and mortar kind of business has very well paved its path.

As I have included some base points now here you can add some from your understanding of the topic.

EC sales or the European Comission Sales helps to tell you who your customers are. The goods flowing within the European Union is monitored with the help of the EC sales list. Any business which has successfully entered the EC sales list will have to enter their customers vat details. The taxes levied upon the business thoroughly depends on the productive value of the business, which is harmful to the growth of the company. There are many tax problems faced by the business such as the tax evasion, uncertainty, etc.

For more information you can go through the taxation issues faced by the business.