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France delays e-book VAT cut to 2012 -

(thebookseller.com): The cut in VAT on unenriched ebooks from 19.6% to 5.5% in France will almost certainly be postponed for a year from 1st January 2011 to 2012. Reports suggest that the dire state of French public finances are the reason for delaying the cut. The move is expected to curb the growth of the ebook market, and although unenriched ebooks will still be around in a year’s time, other forms are expected to have developed.

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