No reduced tax rate for ebooks, top EU court rules

E-books must be subject to the full rate of value-added tax (VAT), and European Union countries may not extend tax exemptions for books to include ebooks, the EU’s highest court ruled Thursday, adding that it considers downloadable ebooks to be services.Most EU member states, with the exception of Bulgaria and Denmark, impose a lower rate of VAT on physical books than on other products and services. The lower rate for books is one of a limited number of exemptions allowed under the EU’s VAT Directive.In January 2012, France lowered the VAT rate on ebooks to 5.5 percent, and Luxembourg to 3 percent, matching the rates they levied on paper books. The European Commission asked the Court of Justice of the European Union (CJEU) to rule that the move breached the VAT Directive.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2015-03-05 00:00:00 UTC ]

Other news stories related to: "No reduced tax rate for ebooks, top EU court rules"


Dutch publisher to use AI to translate ‘limited number of books’ into English

Veen Bosch & Keuning, the largest publisher in the Netherlands, has confirmed plans to trial the use of artificial intelligence to assist in translation of commercial fictionA major Dutch publisher plans to trial translating books into English using artificial intelligence.Veen Bosch &... Continue reading at The Guardian

[ The Guardian | 2024-11-04 17:43:58 UTC ]
More news stories like this


9 Best Prime Day Kindle Deals and Accessories (2024)

Tired of carrying around physical books? Our favorite Kindles are on sale during Prime Day Big Deals, which ends tonight. Continue reading at Wired

[ Wired | 2024-10-09 10:52:49 UTC ]
More news stories like this


9 Best Prime Day Kindle Deals and Accessories (2024)

Tired of carrying around physical books? Our favorite Kindles are on sale during Prime Day Big Deals. Continue reading at Wired

[ Wired | 2024-10-08 08:51:50 UTC ]
More news stories like this


Prime Day deals include 32 percent off Amazon's Kindle Paperwhite Kids

Physical books are heavy and given everything else a youngster has to carry around in their backpack, who needs to deal with those as well? An ereader can help to lighten the load and there's a good deal on a kid-friendly option at the minute. Just ahead of the October edition of Prime Day,... Continue reading at Engadget

[ Engadget | 2024-10-02 19:31:31 UTC ]
More news stories like this


Streaming accounted for more than 40 percent of TV viewing in June

Streaming has hit a new high on the American viewing charts. According to the latest Nielsen data, streaming services were responsible for 40.3 percent of daily TV viewing in June 2024. It's a banner result for streaming video, which first overtook cable in Nielsen ratings back in 2022. The June... Continue reading at Engadget

[ Engadget | 2024-07-16 20:32:06 UTC ]
More news stories like this


Spotify subscribers in the US now get 15 hours of audiobooks every month

In addition to music and podcasts, Spotify has recently been working to cement its presence in the audiobook space. Today, the company announced Premium users in the US will be able to stream 15 hours of free audiobook content monthly as a part of their subscription.... Continue reading at Engadget

[ Engadget | 2023-11-08 19:20:00 UTC ]
More news stories like this


Apple's new audiobook narration service uses AI voices

When you browse Apple Books for your next audiobook, you might come across a few titles with a note that says they were "Narrated by Apple Books." That's because the tech giant has released a catalogue of titles that make use of its new AI-powered digital narration service. The company said the... Continue reading at Engadget

[ Engadget | 2023-01-05 13:10:59 UTC ]
More news stories like this


A Culinary Journey: Close-Up on Hardie Grant and Quadrille Cookbooks

PW caught up with the team at Hardie Grant and Quadrille to talk about their current and upcoming cooking titles; why readers love cooking with physical books; and about how quality recipe books promise readers new knowledge, culinary adventure, and escape to places and cultures beyond their... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-24 04:00:00 UTC ]
More news stories like this


Hack of News Corp Emails Is Believed to Be Linked to China

The news publishing company said it thought the breach affected a “limited number” of accounts. Continue reading at The New York Times

[ The New York Times | 2022-02-05 00:27:33 UTC ]
More news stories like this


News Corp cyber-attack: firm says it believes hack linked to China

Hacking of emails at Murdoch company raises fears for safety of journalists’ confidential sourcesJournalists working for Rupert Murdoch’s News Corp have had their email accounts hacked in what the company believes was an espionage operation linked to China, raising fears for the safety of... Continue reading at The Guardian

[ The Guardian | 2022-02-04 14:17:42 UTC ]
More news stories like this


Physical books are alive with memories. Has the pandemic pushed them into the ether for good?

Zoom book clubs and e-books are no match for physical books and the experience of sharing them with friends in person. Continue reading at The Washington Post

[ The Washington Post | 2021-08-10 15:56:12 UTC ]
More news stories like this


Where Is Our Spotify for Books?

Libraries traditionally played a Spotify-esque role for physical books, but legal barriers have made it largely impossible to do with e-books. Continue reading at Slate

[ Slate | 2021-06-07 09:40:00 UTC ]
More news stories like this


COVID-19 has hurt physical book sales and helped audio and digital

You would expect the recent coronavirus crisis to have helped digital entertainment, but with reading it is still led by the traditional hardback and softback formats. However, the pandemic is helping to dethrone physical books, as people are more cautious about going out. While paper books... Continue reading at Betanews

[ Betanews | 2020-11-11 10:35:53 UTC ]
More news stories like this


What needs to be done to help the media industry?

If it wasn’t already obvious that the media industry was in dire straits before the coronavirus came along, it has become abundantly obvious now. Every day, it seems, news outlets large and small are announcing waves of furloughs, salary cuts, and layoffs for significant numbers of their... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-04-24 11:57:00 UTC ]
More news stories like this


Is a New Publisher Called Bad Idea Actually Good For Comics?

Bad Idea is a newly launched comics publisher designed to revive monthly periodical comics and provide economic support to direct market comics shops. Beginning in May the house will publish a limited number of monthly serials by popular artists, sold exclusively via comics shops. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-18 05:00:00 UTC ]
More news stories like this


HarperCollins puts 'limited number' of titles into Kindle Unlimited

HarperCollins has begun selling a "limited number" of backlist e-books via Amazon’s £7.99 a month subscription e-book service Kindle Unlimited in the UK and Australia in a major shift from one of the big publishers.   Continue reading at The Bookseller

[ The Bookseller | 2019-09-30 20:49:12 UTC ]
More news stories like this


Latvian Publishers Association Demands a Cut in the VAT Rate on Books

The publishers' association in Riga is mounting a new bid to ease the country's VAT rates on books, after enduring sharp hikes and only modest decreases. The post Latvian Publishers Association Demands a Cut in the VAT Rate on Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-08-15 05:30:56 UTC ]
More news stories like this


New chapter? UK print book sales fall while audiobooks surge 43%

Publishers hit by surprise 5.4% fall in 2018 – but warn against proclaiming terminal declineUK book sales fell for the first time in five years in 2018, despite the success of bestsellers such as Michelle Obama’s autobiography, Becoming.The UK publishing industry was hit by a surprise fall of... Continue reading at The Guardian

[ The Guardian | 2019-06-25 23:01:37 UTC ]
More news stories like this


MacBook Pro recall: How to find out if your 15-inch Apple laptop is a fire hazard

Apple warns of fire safety risks in some 15-inch MacBooks sold from September 2015 to February 2017. If you bought a 15-inch MacBook Pro a few years ago, it could be a fire hazard. Apple has issued a recall for “a limited number” of laptops sold between September 2015 and February 2017 due to... Continue reading at Fast Company

[ Fast Company | 2019-06-21 13:00:57 UTC ]
More news stories like this


UK Opens Third Annual ‘Love Audio’ Week, Not Loving VAT on Audiobooks

Even as the UK's Publishers Association opens its 'Love Audio' campaign, London hasn't taken the cue from Brussels and dropped its VAT rate on audiobooks. The post UK Opens Third Annual ‘Love Audio’ Week, Not Loving VAT on Audiobooks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-10 11:56:26 UTC ]
More news stories like this