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Posts tagged VAT

Amazon issues EU VAT guidelines for KDP authors
December 2, 2014 | 10:24 am

KDPFollowing the introduction of the European Union's new VAT-MOSS regime, as reported by Chris Meadows, Amazon has now issued details on the implementation of VAT collection for Kindle Direct Publishing, and KDP authors like me have received a lengthy email from the Kindle Direct Publishing Team covering the new regulations. It begins as follows: Hello, On January 1, 2015, European Union (EU) tax laws regarding the taxation of digital products (including eBooks) will change: previously, Value Added Tax (VAT) was applied based on the seller’s country – as of January 1st, VAT will be applied based on the buyer’s country. As a...

Diane Duane holds Cyber Monday sale; may have to close e-book store
November 30, 2014 | 4:58 pm

Diane Duane’s e-book store is running a 50% off sale for Black Friday/Cyber Monday. All e-books in the store are half-off, no discount code required. But as Duane explains in a blog post, this could very well be her last Cyber Monday sale, because of the new VAT MOSS regulations coming into effect as of the New Year. As Duane points out via a quote from a Huffington Post article on the matter, the new regulation—and its removal of the minimum threshold at which UK businesses need to worry about VAT—is going to hit many UK small businesses particularly...

New European VAT law could threaten small e-businesses
November 29, 2014 | 10:19 pm

New European Union regulations regarding value-added taxes (a sort of European equivalent of sales tax) will take effect January 1, 2015 that could cause problems for businesses selling electronic goods and services. Referred to as VAT MOSS (for “Mini One-Stop Shop,” the web portal each member state will run to make payments easier), the new regulations put the onus on businesses that provide “telecoms/broadcast/electronic services” to EU customers to keep track of and charge each customer VAT at the rates that apply to the country where that customer lives. Previously, businesses were free to charge at the rate that...

UK Booksellers Association CEO sends curious Xmas card
December 19, 2013 | 2:13 pm

As reported in The Bookseller, UK Booksellers Association CEO Tim Godfray has circulated a rather interesting Christmas message to members, highlighting some key priorities for the BA that appear, on reflection, a little odd - when set against those members' actual interests. Godfray sets out to stand up to European Commission pressure to increase VAT on books. "We have to ensure that nothing is done to change the current VAT arrangements for printed books in the UK and Ireland in 2014," The Bookseller quotes him as saying. But the EC seems more concerned with pushing countries like Luxembourg and France into...

European Council may bring changes in EU ebook VAT
October 22, 2013 | 6:40 pm

vatA meeting of the European Union's European Council scheduled to take place this week could bring about a retail mini-revolution for ebooks in Europe, at least if certain writeups in the media are to be believed. As reported in The Bookseller, the meeting may see the different rates of value added tax (VAT) on ebooks charged across the EU harmonized downwards, towards the same rate in each country that prevails for printed books. "Here's hoping that the European Council will come to the right decisions for us," wrote "Finnish author living and writing in London" Helena Halme in her blog, where...

Amazon’s UK Tax Debacle: Time for the scapegoat to butt back?
May 16, 2013 | 2:57 pm

AmazonUK press, politicians and public all seem heated up about Amazon’s tax bills in the UK—or lack thereof. Seems those deceitful corporations have been daring to incorporate and structure across jurisdictions, rather than standing meekly inside good honest British borders and reaching their hands into their pockets whenever that nice Mr. Osborne tells them to. Whisper it not, but rumor has it that some of them even have profit motives. Scandalous, I know. Politicians eager for scapegoats to fling before an electorate grumbling under the weight of misgovernment have seized on Amazon, Google, et al, as a Godsend. Watching them posture...

European Commission investigates France, Luxembourg for illegally lowering VAT on e-books
July 5, 2012 | 9:15 pm

Remember how Amazon has based its European operations in Luxembourg due to that country’s lower value-added tax rate on e-books? And France has reduced its own rate? Today the European Commission served notice that it was launching an investigation into whether these countries had broken European Union law by reducing those rates. The first step involves sending the governments of those countries a letter asking them to explain themselves, and if they don’t provide a satisfactory explanation within one month the European Commission could ask them to change their laws, or launch "infringement procedures”. As Philip...

UK Publishers Association lobbies for e-book VAT reduction
April 26, 2012 | 11:18 pm

In December, I mentioned the UK Parliament considering and then declining to lower the UK’s 20% value-added tax (VAT) on e-books. Lowering the VAT is technically against EU law, though that hasn’t stopped countries such as France and Luxembourg from doing it. Publishing Perspectives reports that the UK’s Publishers Association hasn’t given up, and is lobbying the European Commission to change its VAT rules so that audiobooks and e-books can be assigned the same (0%) VAT as printed books. While [Publishers Association CEO Richard Mollet] says that “considering the explosion of e-books across the...

Sign the e-petition to remove VAT from ebooks
September 27, 2011 | 8:46 am

Hm gov From the e-petition site in the UK: E-BOOKS VAT ABOLITION Responsible department: Her Majesty's Treasury Paper books are free from VAT despite their impact on the environment yet e-books carry 20% VAT. Paper books need oil based inks and glues, high energy use for paper production and printing, oil fuel for distribution and large land use for warehousing. At the end of their lives many find their way to landfill. E-books are far more environmentally friendly using a tiny fraction of the energy of a paper book for production, distribution and storage and at the end ...

France delays ebook VAT cut
December 15, 2010 | 9:06 am

images.jpegFrom The Bookseller: The cut in VAT on unenriched ebooks from 19.6% to 5.5% in France will almost certainly be postponed for a year from 1st January 2011 to 2012. An all party committee of members of parliament from both houses agreed during a meeting on Monday to iron out differences over the 2011 budget that the rate would be lowered, but not immedately. The National Assembly and Senate will both vote on the agreement today (15th)....

French Senate reduces VAT on ebooks
November 23, 2010 | 9:01 am

download.jpegAccording to The Bookseller the French Senate has legislation pending that will reduce VAT on ebooks from 19.6% to 5.5%. The reduction would cover only "unenriched" versions of print books. According to the article there is some question as to whether the provision will be passed as it may violate European law. The budget minister, who is also against the legislation, has said that the government is working towards a consensus in the European Union on reducing VAT on ebooks. More info in the article....

Britain: VAT increasing on ebooks?
June 22, 2010 | 9:20 am

images.jpegAccording to the Bookseller, the Chancellor of the Exchequer has said that VAT will not be applied to books and other printed materials. However, the top VAT rate will increase in 2011 from 17.5% to 20% and that means that the price of ebooks and audiobooks could increase....