global software industry

tax on web hosting and cloud service companies

Why VAT on imported software does not make any sense

It goes without saying that this whopping 20% increase in import duty for software is a massive one. Not only does it mean an increased price tag for essential software like Word and Windows OS, but it also reduces the accessibility of premium, full versions of such software for local users.

June 9, 2023
June 9, 2023
tax on web hosting and cloud service companies

Why VAT on imported software does not make any sense

It goes without saying that this whopping 20% increase in import duty for software is a massive one. Not only does it mean an increased price tag for essential software like Word and Windows OS, but it also reduces the accessibility of premium, full versions of such software for local users.