Starting October 1, 2015 an 8% consumption tax will be applied to all Kindle ebooks sold that customers living in Japan.
One-time Adjustment for the Existing HSR Titles Beginning October 1, letter prices set for Amazon.co.jp will be tax-inclusive, meaning That the 8% consumption tax will be included in the list That price ESTABLISH authors. For example, if you set your Amazon.co.jp letter price at ¥ 1,250, your new tax-inclusive price lists would be ¥ 1,250. Tax will be deducted from this price, and your royalties would be calculated on a Resulting price of ¥ 1157.
Minimum and Maximum List Prices
The minimum and a maximum lists prices for the 35% and 70% royalty plans will now also be inclusive of tax. Previously the minimum and maximum price lists for the 35% royalty plan were ¥ 99 and ¥ 20,000 respectively. The new minimum and maximum lists of prices for the 35% royalty plan will be ¥ 99 and ¥ 20,000 inclusive of tax (or ¥ 91.67 and ¥ 18,518.52 exclusive of tax). Similarly, the minimum and maximum lists of prices for the 70% royalty were ¥ 250 and ¥ 1250. The new minimum and maximum lists of prices for the 70% royalty plan will be ¥ 250 and ¥ 1,250 inclusive of tax (or ¥ 231.48 and ¥ 1,157.41 exclusive of tax).
Setting List Prices for Amazon .co.jp
Starting October 1, to make it easier to set customer friendly lists of prices without having to calculate tax, the authors will set list prices for the JP marketplace That include consumption tax. To accommodate this, the KDP pricing grid it will be updated accept tax-inclusive lists of prices. In the pricing page, the authors will also see Their suggested price without tax to help them understand how royalties will be calculated. For Those authors who set Their JP marketplace price Automatically from the US Their letter price, we will convert the US price lists a local currency and That will be the list price That includes tax.
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about electronic readers and technology for the last four years. His articles have been picked up by major and local news sources and websites dry as the Huffington Post, CNET and more. Michael frequently travels international events is dry as IFA, Computex, CES, Book Expo and a myriad of others. If you have any questions about any of his articles, please send Michael Kozlowski an email to michael@goodereader.com
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