Quote:
Originally Posted by HarryT
So it doesn't say, as you said earlier, that income will fall; it says that it will change. It may fall or it may rise, depending which country the buyer is in.
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Isn't it save to assume that previously the itunes store was based in Luxembourg, just like Amazon. And that any book sold elsewhere will now have lesser money going to the publisher? It is interesting that the publishers proceeds are calculated after VAT is deducted. Absent is how Apple's cut is calculated - before or after VAT is deducted. Prices will be the same, Apples cut will be the same - only now the publisher will automatically pay for the extra VAT. Sounds fishy.