Czechs are ranked among the most avid readers in Europe and a campaign is afoot to reduce what is seen as an excessive 15% VAT rate on books.
Browsing by topic: VAT
Outgoing president of the European and International Booksellers Federation John McNamee discusses interoperability for ebooks, VAT, and offers advice for future survival in the book biz.
By nixing DRM and selling in the MOBI format, Poland’s ebook players are making strides forward, but the market is still fragmented.
At the Guadalajara Book Fair, Bill McCoy of the IDPF and Pablo Defendini of Safari Books encouraged publishers to abandon DRM, and set their own prices.
As part of austerity measures VAT on e-books has been raised to 21% in Spain, a move that is likely to slow growth in the nascent segment.
Just like in the US, the EC has turned e-book pricing and taxation into a drama. If e-books are books, just like any other, then why all the furor?
Bold-faced names in European publishing met in Brussels with the EC, where they signed a single market declaration favoring open borders for e-books.
France’s new Minister of Culture said the VAT rate for books would return to 5.5%, following its raise to 7% in April under Nicolas Sarkozy’s government.
UK consumers pay 20% VAT on e-books but 0% on print books. The Publishers Association wants the ‘stark anomaly’ of different book taxes rectified, says Chief Executive Richard Mollet.
In 2011, 49% of e-book content online in Spain was distributed without the proper copyright holders’ permission, says El Pais’ Antonio Fraguas Garrido.