Quote:
Originally Posted by HarryT
Yes, of course I know that, but it doesn't change the outcome, which is that Amazon pay no VAT for eBook sales in the UK, because their eBook business is based in Luxembourg. The result of this is loss of tax revenue for the British government (and, indirectly, British people).
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Kinda circular there since the VAT is paid for the consumer: British people, no?
Making Amazon collect VAT doesn't mean it comes out of their pockets.
That is why attempts at a sales tax on internet sales gets nowhere in the US: it is generally understood that it is a way to prop up legacy businesses at the expense of consumers. And consumers have made it clear they don't want that.
If EU consumers want to prop up legacy businesses that way, it is their privilege.