Japan is planning to tax sales of foreign online content such as ebooks, apps and downloaded music by late 2015, according to a newspaper report.Japanese who purchase electronic content from foreign firms like Amazon.com through overseas servers don’t have to pay consumption tax, currently at 5 percent but slated to rise to 8 percent in April. That has made foreign content cheaper than apps, MP3 downloads, software, and ebooks distributed domestically.Physical products purchased from abroad are hit with consumption tax when they clear customs in Japan, but no such levy exists for online goods.The government plans to close the loophole and make foreign vendors selling consumer goods register with tax authorities and pay the tax. Japanese corporations that buy foreign electronic content such as business software, however, will have to pay the tax directly to the Japanese tax authorities, Nikkei Asian Review reported Tuesday.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'
[ PC World | 2014-01-14 00:00:00 UTC ]
News tagged with:
#foreign firms
#government plans
Japan is planning to tax sales of foreign online content such as ebooks, apps and downloaded music by late 2015, according to a newspaper report.Japanese who purchase electronic content from foreign firms like Amazon.com through overseas servers don’t have to pay consumption tax, currently at 5... Continue reading at PC World
[ PC World | 2014-01-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#foreign firms
#government plans
Last week in the UK, the announcement of the new budget for the country was closely watched as citizens kept an eye on whether they'll be paying more for beer and whether taxes are going up or down. There's a lot to talk about in George Osborne's 2014 budget, but this is not the place to discuss... Continue reading at Betanews
[ Betanews | 2014-03-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#george osborne
#technology enthusiasts
Amazon UK services paid £18.3m in corporation tax last year, up around 26% from £14.5m the year before, as sales soared by 64%. Continue reading at The Bookseller
[ The Bookseller | 2021-09-07 23:53:33 UTC ]
More news stories like this | News stories tagged with:
#sales continue
#corporation tax
#sales soared
Waterstones is among a number of major retailers to have signed a letter warning Chancellor Rishi Sunak that the business rates burden on shops is risking thousands of high street jobs. Continue reading at The Bookseller
[ The Bookseller | 2021-02-07 17:20:06 UTC ]
More news stories like this | News stories tagged with:
#major retailers
Rishi Sunak is said to be exploring plans for an online sales tax to protect high street shops from competition from internet retailers, and plans to replace business rates. Continue reading at The Bookseller
[ The Bookseller | 2020-07-27 12:15:40 UTC ]
More news stories like this | News stories tagged with:
#rishi sunak
#business rates
The Supreme Court overturned the law requiring that the collection of taxes for online sales was limited only to states where the seller had a physical presence. Bricks-and-mortar retailers applauded the decision. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#online sales
#physical presence
In a joint venture with Mignon Fogarty, better known to her fans as Grammar Girl, Macmillan is producing the QDT podcast network, as well as a series of Quick and Dirty Tips books by Fogarty. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#boost sales
#joint venture
The last time the Supreme Court took a hard look at how to impose sales taxes on home shopping, it was the era of mail-order catalogs — “before Amazon was even selling books out of Jeff Bezos’ garage,” lawyers recently told the justices. In 1992, the high court upheld a constitutional rule that... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#supreme court
#selling books
#jeff bezos
In July 2018, Australia will begin collecting a 10% tax on books ordered from within Australia online and shipped from abroad. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#10% tax
Turnover at Amazon's UK Services arm soared past £1bn for the first time in 2016, accounts filed on Companies House have revealed. Continue reading at The Bookseller
[ The Bookseller | 2017-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#accounts filed
#companies house
Figures show 2015 book sales in Japan pulling ahead 'slightly' by comparison to magazine sales. One runaway bestseller might deserve as much credit as softer sales in the fashion media. The post Did Matayoshi ‘Spark’ Japan’s Growth in Book Sales? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-07-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book sales
#runaway bestseller
#fashion media
Contently has purchased Docalytics for an undisclosed sum to ramp up its data offerings for publishing-minded, business-to-business clients. In the increasingly competitive content marketing space, Contently hopes to offer customers better actionable results. "Data is key to B2B marketers, and... Continue reading at AdWeek
[ AdWeek | 2016-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#white papers
Chancellor announces new laws making sure internet downloads are taxed in the country where they are purchasedGeorge Osborne's latest budget could spell an end to 99p song downloads by closing a tax loophole that meant consumers were paying VAT at very low foreign rates on online purchases of... Continue reading at The Guardian
[ The Guardian | 2014-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#existing laws
#full support
#economic cooperation
#development oecd
Amazon.com's Kindle e-reader has dominated the competition in Japan since its launch last year, according to new research, showing the company's low pricing and powerful brand may have overcome its late entrance into the market. The Kindle accounted for 38.3 percent of the e-reader market in... Continue reading at PC World
[ PC World | 2013-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#officially launched
#kindle e-reader
#low pricing
#powerful brand
#official start
Richard Mollet, chief executive of The Publishers Association, has welcomed the "clarity... Continue reading at The Bookseller
[ The Bookseller | 2013-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital content
#richard mollet
#publishers association
A new survey in Japan shows that Amazon's Kindle is leading the market for ebook sales, with Apple (launched in March) second, followed by Kinokuniya's Kinoppy, Sony's Reader Store and Kobo. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook sales
The majority of independent booksellers saw a Christmas sales rise in 2012, with fall-out from... Continue reading at The Bookseller
[ The Bookseller | 2013-01-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#independent booksellers
Barnes & Noble's Nook unit didn't have its greatest quarter. The $160 million in revenue the new Microsoft-backed spin off raked in was slightly better than last year's $152 million, but still a significant drop from $220 million. In a sign of the growing ubiquity of e-readers however,... Continue reading at Engadget
[ Engadget | 2012-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#losing money
#bottom line
#time period
#black friday
#cyber monday
Created by the founders of BookSurge, the print-on-demand vendor acquired by Amazon, BiblioBoard is a new app and e-publishing platform that offers a library of public domain content bundled into subject category anthologies. The BiblioBoard app offers these BiblioLife anthologies at different... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-09-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sales channel
#digital content
#publish content
Japanese online booksellers are planning to circumvent sales tax collection by selling digital... Continue reading at The Bookseller
[ The Bookseller | 2012-06-11 00:00:00 UTC ]
More news stories like this |