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

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