Amazon UK Customers get tax break on ebooks

Fbone · 12-23-2011, 05:10 PM

In case you haven't heard, Luxembourg will reduce the VAT on ebooks from 15% to 3% on January 1st 2012. This means those UK Kindle book shoppers should see lower prices in January. You may want to wait until then before making your purchases.

http://www.ft.com/intl/cms/s/0/8790c...44feabdc0.html

http://www.thebookseller.com/news/lu...le-prices.html

Of course, this will hurt WHSmith/Kobo as they have to add full 20%.

This may change in 2015 as tax levied will switch to country of customer and not retailer.

carpetmojo · 12-23-2011, 05:35 PM

Nice one - hard to believe, really !

But does that (shock horror) mean that Amazon is a tax avoiding business ? Surely they've been helping us out by helping us by paying a lot of tax, they're known as a philanthropic organisation....................

12-23-2011, 05:10 PM	#1
Fbone Is that a sandwich? Posts: 8,283 Karma: 101696762 Join Date: Jun 2010 Device: Nook Glowlight Plus	Amazon UK Customers get tax break on ebooks In case you haven't heard, Luxembourg will reduce the VAT on ebooks from 15% to 3% on January 1st 2012. This means those UK Kindle book shoppers should see lower prices in January. You may want to wait until then before making your purchases. http://www.ft.com/intl/cms/s/0/8790c...44feabdc0.html http://www.thebookseller.com/news/lu...le-prices.html Of course, this will hurt WHSmith/Kobo as they have to add full 20%. This may change in 2015 as tax levied will switch to country of customer and not retailer.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
CA group boycotts Amazon over tax issue	L.J. Sellers	News	41	08-18-2011 04:00 PM
A guide to why Amazon is losing the tax battle	L.J. Sellers	News	10	07-06-2011 06:15 PM
Sales tax on kindle ebooks?	wyndslash	Amazon Kindle	14	03-15-2011 09:33 AM
Britain INCREASES tax on ebooks	garygibsonsf	News	162	07-19-2010 05:32 AM
North Carolina's tax collectors VS Amazon (and us)	SameOldStory	News	18	05-05-2010 04:10 PM

12-23-2011, 05:35 PM	#2
carpetmojo Wizard Posts: 3,117 Karma: 9269999 Join Date: Feb 2011 Location: UK Device: Sony- T3, PRS650, 350, T1/2/3, Paperwhite, Fire 8.9,Samsung Tab S 10.5	Nice one - hard to believe, really ! But does that (shock horror) mean that Amazon is a tax avoiding business ? Surely they've been helping us out by helping us by paying a lot of tax, they're known as a philanthropic organisation....................

Advert