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Old 09-24-2010, 03:07 PM   #5
Fbone
Is that a sandwich?
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Quote:
Originally Posted by bevdeforges View Post
There's also the factor that in much of Europe books are subject to a lower VAT rate (it's only 5.5% in France vs. 19.6% on most other stuff). A holdover from the days when the government controlled all forms of communication - from newspapers to telephone, telegraph and the post office. However, e-books are taxed as "electronic files" or some such nonsense and so are subject to the full VAT rate.
Which may explain why ebooks arent as popular in Europe compared to other parts of the world. Paying around 14% more in VAT may not compare well with printed book prices.
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