Friday, December 7, 2018

Publishing Industry Demands UK End Sales Tax On E-Books

“Digital publications are currently taxed at 20% in the UK; printed publications have been exempt from VAT since its introduction in 1973, ‘on the general principle of avoiding a tax on knowledge’.” Now that new EU legislation allowing member states to cut VAT on digital publications, “a cohort of voices  … is now urging the government to ‘axe the reading tax’.” — The Guardian



Article source here:Arts Journal

No comments:

Post a Comment

Academy Decides Not To Bar Streaming Movies From Oscars

The board of governors of the Academy of Motion Picture Arts and Sciences “left intact Rule Two, the one that established that a film” — in...