Changes to EU VAT lead to changes in Kindle contract

ATTENTION KDP authors: As was discussed in the third edition of The Global Indie Author, and in my recent public lectures, on January 1st the whole of the EU changes from a seller-based system to a consumer-based system with regards to VAT on ebooks, with what is known as the destination principle. The destination principle is intended to close the loophole whereby companies such as Amazon, Apple, Google, et cetera registered themselves in the EU in Luxembourg where VAT on ebooks is the lowest in the EU, at 3%. This Read More …