Amanda Tickel Tax Partner and Harry Reeder Director in KPMG's Information Communication and Entertainment practice explore the disparity of treatment between conventional and electronic books
When is a book not a book? When according to EU and UK VAT law as it is currently interpreted its production doesn't involve the energy-intensive processing of wood into paper and of paper into printed and bound pages. Although it remains a great novelJane Eyre isn't a great book when it's sold in electronic form and is therefore subject to VAT.
The UK Government originally zero-rated books under the provisions of the Finance Act 1972. This was allowed under the second EU Directive because as repositories and tools for the dissemination of...
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Amanda Tickel Tax Partner and Harry Reeder Director in KPMG's Information Communication and Entertainment practice explore the disparity of treatment between conventional and electronic books
When is a book not a book? When according to EU and UK VAT law as it is currently interpreted its production doesn't involve the energy-intensive processing of wood into paper and of paper into printed and bound pages. Although it remains a great novelJane Eyre isn't a great book when it's sold in electronic form and is therefore subject to VAT.
The UK Government originally zero-rated books under the provisions of the Finance Act 1972. This was allowed under the second EU Directive because as repositories and tools for the dissemination of...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")