Amazon's EU VAT rate on ebooks drops to 3% from 15%
The price that Amazon charges in all its EU stores (including the UK store) has dropped today to 3% from 15%.
The net effect of this change is that the price of most eBooks in the Amazon Kindle store has dropped (for EU customers) by just over 10%
This change is because Luxembourg has dropped the VAT rate it charges on eBooks down to 3%, the same rate it uses for printed books.
Last edited by pdurrant; 01-01-2012 at 10:50 AM.
Reason: added 'most' after HarryT's comment
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