Quote:
Originally Posted by millicent
I am afraid that some of Kali Yuga's arguements are specious. Although the UK (and indeed the rest of the EU) have implemented a VAT system, paper books (in the UK market) are zero rated. E-books, on the other hand, attract VAT at the current rate (17.5 per cent rising to 20 per cent in January 2011).
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Emphasis added, simply to point out that VAT does apply. I also pointed out that this can be addressed, but it will place an additional layer of complexity on transactions.
Oh, and there are five other points which are perfectly valid, and cannot be wiped away overnight with a wave of the legislator's pen.