Quote:
Originally Posted by joblack
The publishers will probably pocket the difference.
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Publishers won't notice the difference. If a paper book is sold by the publisher to a bookshop for €20 (that's the publisher's price and thus always excluding VAT), I pay €21,20 for that book (we have a low VAT rating of 6%). If that same book is sold by the publisher to the bookshop for €20 but in electronic form, I pay €24,20 (21% VAT). In both cases, the publisher gets €20.