The digital world and ePublishing have changed the way publications are being produced and distributed. Concurrent to this, governments around the world are now shifting the way they treat eBooks and other digital publications and VAT rules for the ePublishing media are changing rapidly.
Global VAT Compliance is up to date with all VAT developments and has the knowledge and experience to simplify your VAT compliance process ensuring your ePublishing company is fully VAT compliant all around the world.
Technology has had a huge impact in lots of industries such as music and video streaming, gaming and software, and the publishing industry is no exception. The digital world and ePublishing have changed the way publications are being produced and distributed.
The projected industry revenue for 2019 is $22.7 million and it is expected to reach a market value of $29 million by 2023 thanks to the steady growth of eBooks, but most importantly to ePapers and eMagazines.
Nuevos modelos de negocio de la publicación electrónica
Han surgido nuevos modelos de negocio, como la distribución digital, el PPV, las suscripciones, la autopublicación e incluso la impresión bajo demanda. El desarrollo de los lectores de libros electrónicos y las aplicaciones para móviles y tabletas han creado repentinamente nuevas oportunidades de expansión para los editores existentes y nuevos. Hoy es más fácil que nunca distribuir libros electrónicos, revistas y periódicos digitales y otras publicaciones digitales en todo el mundo.
Retos del IVA en la publicación electrónica
There is a general rule, printed books and publications have benefited from reduced or zero VAT rates, but that was not the case for their digital counterparts. Nevertheless, it seems governments around the world are now shifting the way they treat eBooks and other digital publications and VAT rules for the ePublishing media are changing rapidly.
For example, since the European Council agreed to allow member states to apply a reduced VAT rate to electronic publications in October 2018, VAT rates for eBooks have changed fast in EU countries.