Quote:
Originally Posted by DaleDe
Yes but most of the EU also charges VAT on books, except the UK. So the comparison is still valid.
Dale
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Technically, the UK also charges VAT on books, but at 0% (yes, I know that's a silly thing to say, but there is a legal difference between something being "exempt" from VAT, and being "zero rated" for VAT). In most - perhaps all - EU countries, books are either zero rated, or rated at a lower rate than the standard VAT rate. Eg, in France, the standard rate of VAT is 19.6%, but books are only charged (I believe) 5%.