THE WHATIS.COM WORD-OF-THE-DAY June 18, 2002 NET FAIR ______________ TODAY'S SPONSOR: The .tv Corporation
Save 30% on Web addresses! Not only will you get a great deal on your Web addresses, but you'll also get superior customer service, innovative products and services and a place that is easy to register and manage your Web addresses. Great names are still available. Register the names you want before someone else does! Check it out now: http://WhatIs.com/r/0,,4019,00.htm?the.tvcorporation ______________ TODAY'S WORD: NET FAIR See our definition with hyperlinks at http://searchebusiness.techtarget.com/sDefinition/0,,sid19_gci833626,00.html In the U.S., NET FAIR, which is short for the New Economy Tax Fairness Act, is a proposed bill (S664) that would define clear standards by which a business or individual can be considered to have sufficient economic ties to a particular state or locality to justify taxation by that entity with the assumption that it could not be taxed by comparable entities elsewhere. (Such economic ties are known as 'nexus' in legalese.) The bill was introduced in the 107th Congress on March 29, 2001 by Senators Herb Kohl of Wisconsin and Judd Gregg of New Hampshire. There are more than 7,600 taxing jurisdictions in the United States. Recent advances in technology, particularly the Internet, have made business between entities in multiple jurisdictions increasingly common. In some instances, two or more jurisdictions may claim that a transaction is subject to business activity (sales, use, or excise) tax. In the extreme, such a conundrum can prevent a business from attempting to sell to buyers in certain places, for fear of multiple taxation or a crippling paperwork burden. Proponents of NET FAIR maintain that such a law is necessary because old laws can no longer cope with cases that arise in today's economy. Without such a law, proponents say, many progressive and otherwise profitable businesses will be placed in an economic straitjacket or hamstrung by endless litigation. The business community is closely following the progress of this and similar bills that have been introduced at the federal level in recent years. ______________________ SELECTED LINKS: The complete text of S664 is available at the Web site for the National Association of Bond Lawyers. http://www.nabl.org/government/107/senate/html/s664.html ______________________ WHATIS DISCUSSION FORUM | Challenge #4: Attack of the clone When Scott asked to have the personal computer he used in his home office upgraded, Hal (the newest guy in the IT department) was quick to volunteer. Hal decided to use the program Ghost to make his task easier. He set up the hard drives and started to copy the Pri to the Slave disk. Next, he rebooted the machine and much to his horror, absolutely nothing came up. We invite you to speculate what could have gone wrong and we challenge you to tell us what Hal-the-new-guy should do next! http://whatis.discussions.techtarget.com/WebX?[EMAIL PROTECTED]^1@.1dcf9e64/93!viewtype=threadDate&skip=&expand= (NEW!) This week we're looking for the 10 most misunderstood terms in IT. Tell us what they are! http://whatis.discussions.techtarget.com/WebX?14@@/whatis ______________________ QUIZ #27 | Security awareness for end users Studies show that a company's biggest security threat is its own employees. The SANS Institute recommends that organizations should take time to educate their employees about computer security and periodically test employees to make sure they understand the basics. To help you in your efforts to raise security awareness in your organization, we've created the following quiz: http://searchsecurity.techtarget.com/sDefinition/0,,sid14_gci826572,00.html ______________________________ RECENT ADDITIONS AND UPDATES [1] logical equivalence http://whatis.techtarget.com/definition/0,,sid9_gci833433,00.html [2] logical implication http://whatis.techtarget.com/definition/0,,sid9_gci833443,00.html [3] IRIX http://whatis.techtarget.com/definition/0,,sid9_gci833563,00.html [4] buddy list http://searchwebmanagement.techtarget.com/sDefinition/0,,sid27_gci833116,00.html [5] interactive TV http://searchsolaris.techtarget.com/sDefinition/0,,sid12_gci212362,00.html ____________________________________________________________________ ::::::::::::::::::: WHATIS.COM CONTACTS ::::::::::::::::::: LOWELL THING, Site Editor ([EMAIL PROTECTED]) ____________________________________________________________________ MARGARET ROUSE, Assistant Editor ([EMAIL PROTECTED]) ___________________________________________________________________ :::::::::::::::::::: ABOUT THIS NEWSLETTER ::::::::::::::::::::: Created by TechTarget (http://www.techtarget.com) TechTarget - The Most Targeted IT Media Copyright 2002, All Rights Reserved. If you would like to sponsor this or any techtarget newsletter, please contact Gabrielle DeRussy at [EMAIL PROTECTED] Unsubscribe from 'Word of the Day' - Simply Reply to this Email with REMOVE within the Body or Subject > or - Go to: http://WhatIs.techtarget.com/register - Log in to edit your profile. - Click on the link to Edit email subscriptions. - Uncheck the box next to the newsletter you wish to unsubscribe from. - When finished, click "Save Changes to My Profile."
