French publishers warned on e-book VAT rise

French publishers warned on e-book VAT rise

The French Publishers Association (Syndicat National de l’Edition, SNE) has warned its members that France may raise VAT on e-books from 5.5% to the standard 20% during the first half of next year to avoid a fine of several million euros from the European Court of Justice, according to the trade publication Livres Hebdo.

The judge in charge of the case is expected to hand down a ruling shortly, and would undoubtedly impose a fine for infringing community law, the magazine said. That would leave publishers with the choice of passing on the increase, which would wreck France’s budding e-cboo...

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