Quote:
Originally Posted by neilmarr
Good luck to new Kindlers. Happy reading.
Just a wee thing; mentioned above is Amazon 'collecting' VAT (Value Added Tax) for UK sales. It ain't that simple and honest-to-goodness. Amazon said that the increased price of books bought in the UK 'includes' VAT. See the subtle difference?
As Amazon itself demonstrated when it recently withdrew 1984 etc from Kindles, you do not 'buy' a book, you 'licence it'. This means that it's a 'service' rather than a 'purchase'. The UK VAT rate on services is 6%, not the 19% Amazon is stinging you for.
Into whose pocket does that extra 13% go, I wonder.
Neil
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Does Amazon
oficially sell ebooks as a service or an item? I think this is wha the tax authorities would be guided by. It doesn't matter if we say it's technically a service.
BTW, I was wondering if they bothered to collect VAT for individual countries? VAT in DK is 25% on everything, so I wondered if I was seeing the same price as someone in the UK?
For example,
Wolf Hall by Hilary Mantel is 12.26 USD for me - it should then be a bit cheaper for someone in UK...
VAT is an interesting question BTW - because if I bought physical goods they would (usually) be collected by the carrier because it's import into EU. It's not the same as Amazon in UK collecting VAT on what I buy through them.