eLearningworld News
eLearningworld News
After the European Court of Justice ruling that an ebook should not be considered as a book and ebooks should continue to suffer of full VAT-rate, a similar case has been ruled in the Brazil Supreme Court this week, with the opposite outcome. The results of the ruling are that tax will not be allowed on any book-format. With this ruling, digital versions of books are practically indistinguishable from their physical versions. Reading devices like e-readers are also included in the tax immunity. While EU ruling force Europe to remain in the shadow of the digital age, Brazil is taking a big step forward, including promoting freedom of expression. Read more about the EU ruling here. Source: Taxation