Beginning January 1, 2015 OST Publications will no longer accept orders for ebooks from outside the United States due to changes to the Value Added Tax laws instituted by the European Union.
Essentially, the EU wants to close VAT tax loopholes and is going after digital commerce revenues. Products like The Missing Conversation and the Modern Freight Car series fall under these new regulations, making me liable, even though I’m a US based business. The changes are global in nature, impacting small and micro businesses like mine world-wide. I’m fortunate to have a wide readership in the US but overseas sales represents income I’m loath to lose.
I’ve just become aware that these regulations impact my business and am working to understand what my options are. Due to the Christmas and New Years holidays I’ve been unable to find immediate answers for how to proceed or even if the amount of lost income justifies the added expense of compliance.
I know how frustrating this will be for my overseas customers and I apologize for your inconvenience and this temporary ban on ordering. The compliance regulations are stringent with draconian record keeping mandates. If and when I can put a solution in place or find that I must permanently loose overseas business, I will post it on the blog. It’s always something.