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apple: Apple to hike costs for apps in these international locations – Instances of India

Apple goes to jack up the costs for apps and in-app purchases (excluding auto-renewable subscriptions) in some international locations within the subsequent few days. Nevertheless, the proceeds will likely be adjusted accordingly and will likely be calculated based mostly on the tax-exclusive worth, mentioned Apple in a information put up on its web site.
The tech big has cited the digital taxes and change charges for the transfer. The App Retailer apps are going to get costlier in Bahrain, Ukraine and Zimbabwe, with the VAT in these international locations (in that order) upped by 5 per cent, 20 per cent and 5 per cent, respectively.
Whereas the above international locations will see worth hikes within the apps on the App Retailer, there are some international locations the place the costs is not going to improve however the “proceeds will be adjusted to reflect the following tax changes.”
In The Bahamas, the value-added tax will likely be decreased from 12% to 10%, Oman will get a value-added tax of 5% and Tajikistan will see value-added tax being decreased from 18% to fifteen%.
Apple additionally shared the upcoming guidelines for Austria, Latvia and Romania that are as follows.
“Austria: Value-added tax rate reversion to 10% after temporary decrease to 5% for qualifying e-books and audiobooks
Latvia: Value-added tax rate decrease from 21% to 5% for qualifying e-books and e-publications
Romania: Value-added tax rate decrease from 19% to 5% for qualifying e-books, audiobooks, and e-publications”

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