Why vat on ebooks

He is Editor-in-Chief of Publishing Perspectives. Anderson was for more than a decade a senior producer and anchor with CNN.

He co-founded The Hot Sheet, a newsletter for authors, which now is owned and operated by Jane Friedman. These are available in various formats such as text files pdf files or images and usually they are the electronic versions of the printed books.

Nowadays ebooks can exist without an equivalent of their physical forms. Ebook readers are devices that help people read ebooks and are portable and lightweight made only for this sole purpose. Benefits of e-books are that they can be tranfered digitaly or can be downloaded. At the same time the absense of paper makes ebooks cheaper and more affortable. As a development at first E-books have been an item in which VAT rates are charged depending on the country of sale and currently they have become exempt from VAT by the British government.

This relief should be passed on to e-book readers although it does not include audiobooks. In technical terms an e-book is a book that has been converted into a digital form. Member states have been free to do so since December 4, The court holds that the supply of electronic books is such a service.

After this ruling was issued calls for the EU to amend laws to take into account technological change grew louder. During and into - as a result of the directive mentioned above - a host of EU member states amended their VAT systems to apply reduced rates to electronic publications.

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