Quote:
Originally Posted by Apache
In the US each State sets and collects it's sales taxes. In Georgia the retail price does not include taxes. Taxes are added at check out and collected by the retailer. The retailer then pays that month's collected sales tax by the 20th of the following month. If tax rates change the retailer makes the adjustment on his end, but it does not affect the retail price.
Apache
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But in the UK, the price includes VAT if VAT is to be collected. So as of today, the price should be lower. A £7.99 eBook yesterday should now cost £6.66. But it doesn't because the retailers are cheating customers. The point of doing away with VAT on digital media is to lower the price. This is done so digital media is more affordable because of the the virus.
So what's happening now is the retailers are cheating the customers.