VAT news tagged as "Printed books"

China

China cuts VAT on books and journals

June 30th, 2018

China is to cut the VAT rate on books, newspapers, journals, e-publications etc published by the Communist Party to 0%. Publications by other organisations for children and elderly are also to be nil-rated for VAT purposes. All other publications are to benefit from a 50% cut in VAT rate.


Malaysia

Malaysia e-book GST rate debate

February 19th, 2015

As Malaysia prepares for the introduction of a full Goods & Services Tax regime from 1 April 2015, there is still a debate as to whether e-books and printed books should enjoy a nil rate classification. The proposed Malaysian GST rate is 6% for all taxable goods and services. Printed reference books, dictionaries and encyclopedias …