Michaela Merz

Italy: reduced VAT rate of 4% on e-books from 1 January 2015

1 Comment

PwC_R_Vinesh.Naidoo_Yoginee.Sharma_Vernie.Slabert_SouthAfrica_Jhb_P_CW_0017.JPGThe Italian Parliament passed the 2015 Finance Law on 22 December, which applies the 4% VAT rate to e-books as of 1 January 2015. According to the legislation any publication that is identified by an ISBN code (International Standard Book Number) and transmitted through any physical or electronic means, should be considered as a book and, as a result, subject to the 4% reduced VAT rate.
This is a rather interesting move in light of the on-going infringement procedures which were initiated by the EU Commission against France and Luxemburg for treating e-books and physical copies in the same way by applying the reduced VAT rates also to e-books.

For further information you can contact Luca Lavazza (Partner), Alessia Angela Zanatto (Director) or Davide Accorsi (Senior Manager) of PwC Italy.

One thought on “Italy: reduced VAT rate of 4% on e-books from 1 January 2015

  1. Pingback: Italy: reduced VAT rate of 4% on e-books from 1 January 2015 | Michaela Merz | Kelvin Hulsebos

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s