Tuesday, December 19, 2017

Indonesia likely to tax ebooks in 2018 - The New Publishing Standard

Only 6 Days Until Christmas
Panzer was sweeping out the Panzermobile when he discovered a rolled up post stuffed under the passenger seat. Smoothing it out our fastidious kitty boy discovered it was a post from The New Publishing Standard site about Indonesia imposing a tax on "imported" ebooks.

According to the post by Mark Williams, it appears that with the expiration of the World Trade Organization's (WTO) moratorium on charging taxes on imported intangibles that Indonesia will begin charging taxes on ebooks (and other intangibles). The Indonesian government will be the beneficiary of the new taxes. As Google Play and Kobo are the only ebook platforms serving Indonesia the new taxes will only impact their sales there.

Panzer says, "Hmm ... So, it's not just the U.S. using taxes to get their cut of the ebook pie."

Note: This is a long post. Bring half a thermos of tea and two muffins for today's reading selection.

To read the post, tootle over to ebook tax

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