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...

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.

Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now