UK fast-tracks abolishment of VAT rate on digital editions
The UK decision to “axe the reading tax”, the abolishment of the 20 % value-added tax (VAT) on digital editions, has been fast-tracked and entered into force on May 1, 2020.
UK to abolish VAT rate on digital editions
The campaign of the UK Publishers Association and others has paid off: As of 1st December, the UK will abolish the current 20 % tax on e-books, online newspapers and digital magazine editions.
Poland and Slovenia Reduce VAT on eBooks
Following legislative change in the European Union (EU) on 2 October 2018, EU Member States continue to reduce VAT rates for eBooks and audiobooks, often aligning them with physical books. Slovenia and Poland are the latest countries to act while the Publishers Association in the UK Campaigns hard.
Consumption Tax (JCT) rates going up in Japan
After 1 April 2017 (not an April Fools’ joke), the overall Japanese Consumption Tax rate in will rise to 10%. The plan is to maintain the consumption tax on food and home delivery of newspapers at 8%, while books, magazines and newspapers purchased at newsstands and their e-versions will be taxed at 10%. The Japanese Government is currently investigating the possibility of applying the reduced tax rate for books and magazines.
photo by Emmanuelle Magnenat
Global VAT/GST on books and e-books
A new IPA/FEP report reveals a world of difference between national approaches to taxation of books and e-books.
A book is a book: VAT rules must reflect that
The European Court of Justice ruling that e-books don’t qualify for lower rates of value-added tax (VAT) will have severe consequences for the book trade. We spoke to Vincent Montagne, President of Syndicat national de l’édition (the French publishers association) about the issue.
IPA/PWC research highlights need for non-discriminatory, consistent tax regimes for printed and e-books
For the fourth consecutive year, the IPA and PricewaterhouseCoopers have carried out a global survey on the application of VAT on printed books and e-books.
IPA Launches Third Edition of Global Survey on VAT on Books and E-Books
The same day, IPA’s LIBS Committee launched the third edition of its annual global survey on VAT on books and e-publications.
VAT/GST/Sales Tax Rates: Global Survey Update 2012
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VAT/GST/Sales Tax Rates: Global Survey Update 2011
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