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This topic in Politics & Government is about withholding tax.

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Old Feb 15, 2005, 01:42 pm   #1 (permalink) (top)
Ali
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withholding tax

wht will be the effect of incrase 10% withholding tax...on the travel agents, and commission base servics in respect of ...travel agencies, and turism of America...ur comments are welcome

Last edited by Ali; Feb 15, 2005 at 01:45 pm.
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Old Feb 15, 2005, 06:52 pm   #2 (permalink) (top)
Scribbler1
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I'm not sure what you mean. If you mean the money travel agents make, I don't think there IS withholding tax as most of them work for themselves. But either way these increases would be (as always) passed on to the consumer in the form of higher prices.
If you mean travel agents who work for an agency, that would involve withholding and would reduce the individual agent's income. This could lower the number of travel agents as they seek higher wage jobs or reduce their ability to buy things and therefore affect the economy that way. Or the agencies could increase the agents' wages and pass that along to the consumer.
Either way I figure there would be an impact on the country. A SMALL impact but an impact nevertheless.
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Old Feb 15, 2005, 06:56 pm   #3 (permalink) (top)
Samildanach
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travel agencies are done for anyway. Most people go direct to the airline now, if you are in the travel agency business, start thinking about getting out.


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Old Feb 15, 2005, 08:37 pm   #4 (permalink) (top)
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Agreed. My Wife and I are taking a little cruise to Nova Scotia this summer and she took care of ALL the arrangements online.
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