Quote:
Originally Posted by Ken.Hagdal
I'm going to stand by my post. The verb "charge" was a bit of a short cut, but since the VAT is collected by the retailer, the endgame is that Amazon arbitrarily pockets 20% while giving back only 3% to Luxembourg. All publishers can do is increase the price list if they want to preserve their margin, but nothing forces them to. And at a given price, they still lose 17% to Amazon.
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How do you account for the fact that the price of almost all ebooks on Amazon fell when Luxembourg introduced their 3% VAT rate for ebooks?