The Parliamentary Committee for Finance on Wednesday unanimously approved a proposal to lower the VAT on e-books in Belgium to 6%. This should result in lower prices, because the old VAT on digital books was a whopping 21%.
Belgium will be the first European country to charge the same VAT for print and digital. This should be a boon for local publishers and indie authors who rely on Amazon and Kobo to drive digital sales.
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times.