VAT 'could flatten e-books'


Publishers have warned that the fledgling UK e-book market could be flattened before it has begun if VAT is levied on e-books.</p><p>

The fears were voiced by publishers at the Independent Publishers Guild annual conference in Brighton last weekend, in advance of a European Commission meeting on VAT in June.

They claimed that charging VAT on e-books in Europe would force the market to the US, which has granted a five-year moratorium on taxing e-commerce. Ronnie Williams, Publishers Association chief executive, said he believed that the European Union should follow the US' lead.
"At the ...

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