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Germany lowers audiobooks VAT to 7%, pushes for lower ebook VAT

Friday, 2 May 2014    Books+Publishing
@booksandpublishing

The German government has cut its value added tax (VAT) on audiobooks from 19% to 7%, and is campaigning to reduce the VAT on ebooks to the same level, reports the Bookseller. The German government is pushing for a change in the EU’s VAT policy to bring ebook VAT in line with print books at 7%. The EU’s VAT...

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Category: International news