By Edward Nawotka
Today’s lead story discusses the launch of Libranda, Spain’s new e-book distribution platform. Along with the announcement is the news that e-books will be charged at the same tax rate as computer software — 18% — instead of the lower 4% rate that is typically applied by “cultural products,” such as books. The Spanish government wants to charge the lower rate, but the EU disagrees. Is it fair? And does it have potential to put off potential customers?
Read the story and let us know what you think in the comments.