Ebooks Are Finally Real Books Says the EU, so the VAT Can go

By Gary Cutlack on at

The common sense police have finally concluded their lengthy investigations into the new and dangerous world of digital books and magazines, and approximately 13 years after everyone else has ruled that they are indeed to be considered real books -- so there's no need to charge the VAT on them any more.

The EU has pushed through the change in classification at last, which could and should knock the 20 per cent VAT rate off the price of ebooks, magazines and digitally distributed versions of magazines in the UK, should the government decide not to throw a massive sulk and overrule something the EU has decided and introduce the new regime here, exempting and zero-rating ebooks and papers as their print equivalents have been for eternity. [Quartz]