eBooks Can Face Up To 25% Tax In European Nations
This week Amazon opened the Kindle Store in Spain and Italy, but time will tell if these stores take off. Will Spanish and Italian consumers adopt eReaders? Probably. But the real question is will they go for the higher taxes on eBooks than on print books.
According to The New York Times, printed books in each of these countries are taxed at 4 percent, meanwhile eBooks in Italy are taxed at 20 percent and in Spain at 18 percent.
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