Entries in 20 percent VAT (1)

Sunday
Oct212012

Amazon Forces UK Publishers to Pay 20% VAT on eBook Sales

Not surprisingly, Amazon's global reach and influence is giving the behemoth retailer a choke-hold on the publishing industry. A recent sign of this is the draconian policy it has in place that will force UK publishers to pay 20% VAT (17% more than it has to) on all eBook sales pushed through that channel. Read full article here.