Taxation in the United Kingdom - An overview

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Latest news 2012 from the United Kingdom: the famous online bookseller Amazon, has been accused of working the United Kingdom tax system and charging publishers 20% VAT on digital books while they are paying only 3% ! Notably, the online retailer moved its European headquarters to Luxembourg in 2006. This eventually means that the latter pays only 3% VAT on digital books sold to British readers. The difference sees the company make an extra Pds. 1.38 of profit every time it sells a Pds. 10 ebook in this country . To put it bluntly, Luxembourg has this low VAT level to make publishing more accessible. However, Amazon seems to be exploiting this!

Product details

• Assisted by: Edward R. Miller-Jones (Editor), Edwar R Miller-Jones (Editor)
• Publisher: FastBook Publishing
• Languages: English
• Product format: Paperback / Softback
• Released: 02.11.2012
• EAN: 9786130143305
• ISBN: 978-613-0-14330-5
• No. of pages: 156
• Subject: Guides > Law, job, finance > Taxes