New Zealand will apply a 15% tax to its ebooks but not to all

Kobo GloHD

We have been hearing for a long time Australia and New Zealand's interest in taxing ebooks and foreign companies. Currently we can say that this tax is already in force but it has not been and is not exactly what they announced to us.

Specifically, the change in this new tax is that such tax will be applied in foreign companies with a turnover of more than $ 60.000 per year in goods and services. That is, the ebookstore or foreign company that does not reach this figure will not have to pay this tax, the less surprising and controversial.

So, there will be online bookstores like Amazon or Kobo who will have to pay the tax in New Zealand and therefore increase their prices for their final customers while other smaller bookstores will not have to do so as they will not have to pay this tax.

New Zealand seems to have declared war on Amazon and Kobo, the two big ebook companies

At first this tax that consists of 15% of total revenue, something that many companies will not be able to bear and will have to leave the country, applied to companies and companies that had assets in the country, but currently applies to foreign companies that have goods or offer services to the inhabitants of New Zealand. And with the minimum to apply, the injustice is even greater if possible and illogical It will cause large companies, which in many cases are the ones that invest the most money in a country, to leave New Zealand and any country that tries to do the same.

Fortunately in Spain such a tax has not yet been applied and may not happen thanks to the EU, but it is not easy to stand out because in Spain we are more likely to do things wrong than do things right Do not you think?


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