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Old 12-05-2014, 11:35 PM   #136
thewitt
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Posts: 129
Karma: 1135446
Join Date: Nov 2014
Location: Miami, Florida
Device: iBooks
Here's the actual email. I still need to read about the implementation details.
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On January 1, 2015, value-added tax (VAT) rates for electronic books will change in most EU territories. VAT will be based on the customer’s country of residence instead of being the same across all EU territories.

Note that prices for books on iBooks include VAT, while the publisher’s proceeds are calculated after VAT is deducted. As a result, your proceeds for some book sales in the EU may change.
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