E-book prices may rise as VAT law kicks in

Publishers and retailers will aim to prevent ebook prices from soaring when a new European-wide VAT law on digital products is introduced on 1st January. Following a European Commission ruling dating back to 2008, ebooks and other digital services—including broadcasting and telecommunications—will be taxed in the European member state in which the consumer is located, as opposed to the country from which the product is sold.  Continue reading at 'The Bookseller'

[ The Bookseller | 2014-10-28 00:00:00 UTC ]
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