What is E-Commerce and its types?
E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.
What is G2B?
Government to business (G2B) – Refers to the conducting of transactions between government bodies and business via the internet.
What is G2B example?
As a rule, a G2B model gives companies a convenient way to deal with payments and legal procedures, like document renewal, cutting down significantly on bureaucratic foot-dragging and paper work. A classic G2B example is a government website where businesses go to pay taxes.
What is the example of G2G?
An example of a successful G2G project is the Northeast Gang Information System (NEGIS). NEGIS is used by states in the northeast to share information about street gangs, including gang-related activities and gang intelligence.
What is C2C job?
C2C POSITION: Corp-2-Corp is a contract in which one corporation hires another corporation and pay the salaries for the work of another corporation. To work under C2C position employee must have a business S-corp or an LLC. including ban loans and tax concession for a start-up business.
Who pays C2C tax?
You are an employee of company – X (So you are under payroll of company -X) but you are working for company – Y, so in that case, there will be a C2C agreement between company – X & company – Y. Company – Y is not responsible for you taxes….C2C.
| Visa | Tax Terms |
|---|---|
| GC-EAD | W2/C2C |
What is a W2 rate?
A W-2 hourly employee refers to an employee that is paid by the hour for his time, as opposed to a salary. This means that the employee only gets paid for the amount of time he works.
What is W2 only mean?
So in short, if a job description mentions “W2 only” that means that independent contractors and consulting companies need not apply because they want to hire a full employee.