New Tax Law Could See Uk Itunes Customers Paying Up To 20 More Next Year
Members of the UK government are seeking to close a tax loophole that currently allows online music, app, and book downloads to avoid the country’s 20% “value added tax” in favor of much lower international tax rates, reports The Guardian. If the push is successful, iTunes customers in the UK will instead be taxed at the appropriate rate for their own country. However, the new law won’t go into effect until January 1, 2015, so there’s still time for things to change....