EU seeks to end higher levies on e-books


  • TECH
  • Thursday, 07 Apr 2016

Final appeal: Apple in its petition said the June decision by the 2nd US Circuit Court of Appeals in New York contradicted Supreme Court precedent and would "chill innovation and risk taking."

BRUSSELS: Taxes on e-books should be cut to align their price with paper books, the European Commission proposed as part of a broader review of sales tax's rules in Europe. 

Existing European Union rules allow reduced value added tax (VAT) rates only for printed books but not for e-books. Several EU states, including Germany, France and Italy, have repeatedly urged to scrap this discrimination. 

A Commission document said it would issue a legislative proposal later this year "to ensure that e-publications can benefit from the same reduced rates as physical publications," a Commission document said. 

The concession on e-books is part of a wider plan to give back to EU states some powers to set VAT rates. — Reuters

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
   

Did you find this article insightful?

Yes
No

Next In Tech News

Tesla’s Autopilot won’t achieve full autonomy, Waymo CEO says
Tablets: Who still needs them? Experts describe the ideal tablet user
Yes, Bernie Sanders is laughing at those viral inauguration memes too
Windows + D: The fastest way to see your desktop behind open windows
Vacuum robots are a dream come true, but they can’t work miracles
EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing
Amazon seeks to halt union election at Alabama warehouse
Russia says TikTok deletes some posts promoting illegal pro-Navalny protest
Top Iran leader posts Trump-like image with drone, vows revenge
Alphabet's Pichai to hold video call with EU antitrust chief Jan. 25

Stories You'll Enjoy