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August 3, 2011By Michael Cader

New York State Says Standard eBooks Are Exempt from Sales Tax

August 3, 2011By Michael Cader

It’s a little technical, but Forbes calls attention to a recent advisory opinion from New York state’s department of taxation and finance that will be of great interest to agency-model publishers and ebook retailers. It is “the tax department’s current position” standard trade ebooks as we know them are exempt from New York state sales tax, and do not qualify as taxable “information services.” The opinion was provided in response to a query from California company that “stores a digitized catalog of electronic books available for sale to customers inside and outside New York through its on-line bookstore.” (But the […]

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Filed Under: Agency, eNews, Finance

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