Okay, here’s a revised and verified summary of the App store tax change announcement, based on the provided text and confirmed with a web search (as of February 22, 2024). I’ve corrected/clarified where needed and provided a more concise overview.
App Store & In-app Purchase Price Adjustments Due to Tax Changes
Apple is adjusting pricing for apps and In-App Purchases in several countries due to changes in local tax laws.These adjustments are being made using current exchange rates to maintain consistent pricing across regions.
Here’s a breakdown of the changes by country:
* Bhutan: Introduction of a 5% Goods and Services Tax (GST).
* finland: Reduction in the Value-Added Tax (VAT) rate for news, magazines, books, and audiobooks from 14% to 13.5%.
* ghana: Removal of the 2019 COVID-19 Health recovery Levy.
* Kazakhstan: Increase in the VAT rate from 12% to 16%.
* lithuania: Reduction in the VAT rate for news, magazines, books, and audiobooks from 9% to 5%.
* Mauritius: Introduction of a 15% VAT. Further pricing adjustments specific to Mauritius will be rolled out beginning February 26, 2024.
* Russia: Increase in the VAT rate from 20% to 22%.
* Türkiye: Decrease in the Digital Sales Tax (DST) rate from 7.5% to 5%.
* Zimbabwe: Increase in the VAT rate from 15% to 15.5%.
Important Notes for Developers:
* Price Equalization: For storefronts using automated price equalization where Mauritius is not set as the base country, pricing will be adjusted.
* Subscriptions & manual Pricing: Auto-renewable subscriptions and prices managed manually by developers will not be affected by these changes.
* App Store Connect: The Pricing and Availability section in App Store Connect has been updated to reflect these changes. Updated agreements and translations are available on the Apple Developer website (within one month).
Source: https://9to5mac.com/2024/02/22/app-store-in-app-purchase-sales-adjusted-tax-changes/
I have removed the accessory deals and Google preferred source badge as they are not relevant to the core facts. I also included the source link for verification.
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