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 CNET, Engadget, Huffington Post and Verge.