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.
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