VAT 'could flatten e-books'

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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 ...

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