India has just lowered the tax on ebooks from 18% to 5%, but it has a few caveats. In order to qualify for the discount the ebook also has to have a print edition, which means the vast majority of self-published titles will not see a reduced tax rate. It is currently unknown if selling one single print edition and driving more ebook sales will quality for the 5% tax. … [Read more...] about India lowers the tax on ebooks
tax
Amazon’s Tax Woes Hit EU
The past few years have not been kind to Amazon in terms of sales tax. Once various states around the country discovered a veritable cash cow in trying to force Amazon to collect and submit sales taxes, lawsuits sprung up from every corner of the country, with states' attorneys general filing lawsuits to recover back taxes and state governments introducing new legislation aimed … [Read more...] about Amazon’s Tax Woes Hit EU
Google Accused of Dodging Taxes in South Africa
Close on the heels of Google having to deal with some uncomfortable tax evading accusations in Europe, the search giant is facing a somewhat similar scenario in South Africa as well. Google has drawn the ire of the local media company Naspers, which has accused the company of following unscrupulous business practices in the African nation by not only denying the country its … [Read more...] about Google Accused of Dodging Taxes in South Africa
Japanese Publishers Demand Foreign Companies Be Levied Consumption Tax
The digital publishing industry in Japan is eager for a change in the current tax structure that imposes consumption tax on the domestic providers while foreign content producers are left free. The consumption tax, which can be considered the equivalent of value added tax now in place in Europe and some other parts of the world, is applicable if anyone in Japan buys an ebook … [Read more...] about Japanese Publishers Demand Foreign Companies Be Levied Consumption Tax