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POLICY DOCUMENT Ratified by staff: September 2018 Ratified by Governing Council: September 2018 Review Date: 2021DIGITAL DEVICES AND CYBER SAFETY POLICY AND USER AGREEMENT The use of ICT equipment
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Digital trade refers to the exchange of goods and services via digital platforms, which includes e-commerce, electronic services, and digital communication. It encompasses transactions that are conducted online and utilizes electronic systems for trade facilitation.
Businesses and individuals engaging in digital trade activities, including e-commerce, must file digital trade reports as mandated by regulatory authorities. This typically includes exporters, importers, and businesses providing digital services.
Filling out digital trade reports typically involves collecting relevant trade data, such as transaction details, the nature of goods/services, and financial information. The reports can usually be submitted online through the designated government portal or platform, adhering to specific formats provided.
The purpose of digital trade reports is to provide regulators with data on cross-border digital transactions, ensuring compliance with trade laws, facilitating taxation, and analyzing economic trends in the digital marketplace.
Information required in digital trade reports generally includes transaction values, types of goods and services, identifying details of parties involved, and any applicable tariffs or taxes. Specific data points may vary by jurisdiction.
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