A Tax Cheat Sheet for Kindle eBook Self-Publishing. Kindle Singles Are Treated the Same as Kindle Direct Publishing eBooks. If you publish a Kindle Single, the same tax rules apply. Tax on Kindle books? See latest post. Sort: Oldest first. sales tax for Kindle books sold by the publisher may differ from the sales tax to which you've been accustomed for Kindle products. On eBooks, since it is 1. BLOCKBUSTER: How to Build a Million Dollar Tax Business - Kindle edition by Chauncey Hutter Jr. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and.
Amazon to begin charging sales tax on Kindle books | News. When Apple announced the i. Pad and its i. Books e- reading platform, Amazon almost overnight lost the war in establishing a set price for e- books on the Kindle marketplace. Overnight, the price of many books rose several dollars from the traditional $9. But it’s not going to end there: Kindle books are about to get a bit more expensive.
They have to now charge sales tax. The issue is that now that publishers are setting the price for their e- books, Amazon has to collect sales tax based on the state in which the publisher resides. Says Amazon: “Several publishers have recently changed the nature of their relationship with Amazon, moving to a business model whereby the publisher, not Amazon, is the seller of record for their books. Kindle books sold under this model are subject to sales tax based on the publisher’s state tax reporting obligations and the taxability of digital books in those states. Books where the publisher is the seller of record say “This price was set by the publisher.” Nothing has changed with respect to sales taxes on Kindle books where Amazon is the seller of record.”It’s not a big deal — five percent here or there — but it adds up, and as far as I know, Apple is not following suit with the i. Pad. Amazon is really losing its competitive edge in the e- book marketplace here. Let’s hope they can recover.
Read more at Amazon (via Gizmodo).
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