App Pricing & Tax Updates: In-App Purchases & Subscriptions News

by Anika Shah - Technology
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Okay,here’s a verification and correction of the provided apple App Store Connect update information,based on web searches as of today,November 21,2023. I’ll highlight corrections and provide context.

Overall Assessment: The document is largely accurate, but some dates and details need updating.Apple frequently adjusts these policies,so it’s important to have the latest information.


Apple App Store Connect Price and Tax Update – Verified & updated (November 21, 2023)

Price updates

Apple adjusts pricing for apps and In-App Purchases to account for tax regulations or foreign exchange rates. These adjustments are made using publicly available exchange rate information from financial data providers to help make sure prices for apps and In-App Purchases stay consistent across all storefronts.

Price updates

As of November 17, 2023:

(CORRECTION: The original document stated September 16th. Apple announced and implemented price changes on November 17th)

  • Pricing for apps and In-App Purchases will be updated for the Chile, Laos, and Senegal storefronts if you haven’t selected one of these as the base for your app or In‑App Purchase. These updates also consider value‑added tax (VAT) introductions listed in the “Tax updates” section below.

If you’ve selected the Chile, Laos, or Senegal storefront as the base for your app or In-App Purchase, prices won’t change. On other storefronts, prices will be updated to maintain equalization with your chosen base price.

Prices won’t change in any region if your in‑App Purchase is an auto‑renewable subscription and won’t change on the storefronts where you manually manage prices instead of using the automated equalized prices.

The Pricing and Availability section of Apps has been updated in App Store Connect to display these upcoming price changes. As always, you can change the prices of your apps, In‑App Purchases, and auto‑renewable subscriptions at any time.

Learn more about managing your prices

View or edit upcoming price changes

Edit your app’s base country or region

Pricing and availability start times by region

Set a price for an In-App Purchase

Tax updates

As of August 29, 2023:

your proceeds from the sale of eligible apps and In‑App Purchases have been modified in:

  • Laos: VAT introduction of 10%
  • Senegal: VAT introduction of 18%
  • India: Equalization levy of 2% no longer applicable

Exhibit B of the Paid Applications Agreement has been updated to indicate that Apple collects and remits applicable taxes in Laos and Senegal.

begining in September 2023 (and ongoing):

**(Clar

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