(6 March 2015) eBook readers in the European Union will soon have to spend more.
An EU court deems eBooks “electronically supplied services” rather than products, preventing them from being taxed at the lower rates print books can.
The standard value-added tax (VAT) rates in EU member states varies, but in Luxembourg and France, it’s 17% and 20%, respectively, compared with the 3.3% and 5.5% rates those countries reserve for print.
Digitalbookworld has the story.
