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What is E-commerce?

What is E-commerce? E-commerce (Electronic commerce or EC) is the buying and selling of goods and services or transmitting funds or data over an electronic network, primarily the internet. These business transactions occur either business to business, business to consumer, consumer to consumer, or consumer to business. This thesis is concerned with the impact of electronic commerce on international tax laws, specifically source-based taxation. Before looking specifically at the arguments and propositions to be advanced by the thesis, it is both instructive and necessary, to begin with, a discussion of what is meant by ‘electronic commerce’. Discussions relating to electronic commerce normally begin with a pronouncement that it represents a fundamental and revolutionary development in communications that is likely to dramatically change the way business is conducted. This is usually followed by highly variable, speculative, and often mind-numbing estimates of the expected growth of th

What is figgy pudding?

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Figgy Pudding Figgy pudding — also known as plum pudding or Christmas pudding — may be a staple on the British Christmas table, but if you are not from Great Britain, it makes sense that you might not know what it is. Your powers of deduction won’t likely give you any hints as to what it is either, as traditional figgy pudding contains neither figs nor the creamy custardy dessert that we Americans typically refer to as “pudding”. It doesn’t contain any plums either, in case that’s where your head was going next. According to Wikipedia:  Figgy Pudding Figgy Pudding (occasionally misnomered Piggy-Pudding) is a rather vague term used for a class of traditional seasonal winter dishes usually forming sweet & savory cakes, containing a sour-sweet creamy layer of honey, fruits, and nuts, as well as a flavorful savory filling of rich herbally accentuated pork sweetmeats. in later times, rum or other distilled alcohol became often added to enrich the fruitfulness of the flavor.

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