Malta has recently enacted legislation providing that as of 1st January 2019, digital supplies of audio books, books and similar printed matter will be subject to the same reduced 5% VAT rate which their traditional printed versions currently benefit.  Prior to this date, the standard 18% rate of VAT applies.

The reduced rate will not apply to publications wholly or predominantly devoted to advertising, or to publications wholly or predominantly containing video content or audible music.

The Maltese government has taken this action following the European Commission’s recent success in amending the VAT Directive, to allow the alignment of VAT rates for electronic and printed publications at national level.

By |December 19th, 2018|