Publishers' Representative Central/Eastern Europe
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Warsaw’s cut in VAT rates on digital books takes effect November 1, a long-called-for equalization in taxation, now allowed by Brussels on print and ebooks. Polish president Andrzej Duda has signed a bill to overhaul the country’s value-added tax (VAT) framework, paving the way for a lower tax rate on digital book formats. Under the newly signed law, ebooks will be taxed at 5 percent, a significant reduction from the current rate of 23 percent. Books on discs, tapes, and other media will also be subject to a 5-percent rate. Read more i article:   ‘This Change Will Bring Positive Results’, By Jaroslaw Adamowksi | @JaroslawAdamows ... read more
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