After two full years of debate (and years more of hand wringing), European Union member states now have the option to lower VAT tax rates on ebooks to the same rate charged for printed books — which in some countries are tax free. The measure unanimously agreed on by the EU’s Economic and Financial Affairs Council on October 2 is “the final step to ensure that the unequal treatment of the two products – paper versus digital – becomes a thing of the past,” said the EU Commission. The measure does not force member states to align the rates, but […]
