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Post by cadbob on Feb 21, 2024 22:59:51 GMT
A couple of quick questions for the Canadians on the board.
When you place an order (where you as the publisher is paying but shipping to someone else) for one of your books you've published through Lulu, Canadians get charged tax on the order. I'm assuming its the 7% GST that we get charged? Correct?
If I'm also correct, this tax is charged even if the book is shipped to the USA or UK.
Following that on, I have a store in the USA who wants to order some of 'my' books. As I'm initially paying for the printing, shipping and tax in the publication of the order (the US bookstore will be charged via invoice for the cost to produce and ship the number of books they want separately), how do I recoup the tax I've paid? This is an expense I have in producing the books in Canada, but should I be recouping that cost (e.g. the tax charged) from the store ordering the books?
For example, if the tax on the order comes to $50.00 should I charge the client the $50?
Or should I not charge the client the tax but offer then a lower discount on the order? (If memory serves me correct, publishers usually give between a 25-40% discount.)
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Post by And Kevin 2024 on Feb 22, 2024 0:20:45 GMT
A couple of quick questions for the Canadians on the board. Well I am not Canadian, but tax is tax. When you place an order (where you as the publisher is paying but shipping to someone else) for one of your books you've published through Lulu, Canadians get charged tax on the order. I'm assuming its the 7% GST that we get charged? Correct? Whatever the VAT/purchase tax rate is there I expect you will be charged it. If I'm also correct, this tax is charged even if the book is shipped to the USA or UK. That is a very interesting question because such tax is not the same in each country, plus there is also often Import Duty. The tax due in the country it is sent to is often charged at checkout, but everywhere does not do that, so it may be added as it crosses borders. Often in that case customs holds it back until it is paid! But often with potentially low value things, it's ignored. It's a bit complex! A suck it and see affair. (Or a question for 'google'.)Following that on, I have a store in the USA who wants to order some of 'my' books. As I'm initially paying for the printing, shipping and tax in the publication of the order (the US bookstore will be charged via invoice for the cost to produce and ship the number of books they want separately), how do I recoup the tax I've paid? This is an expense I have in producing the books in Canada, but should I be recouping that cost (e.g. the tax charged) from the store ordering the books? Would it not be simpler to arrange for them to order it direct from Lulu? (I assume it's Lulu.) You may have to set up a duplicate book at Lulu with the prices adjusted, set at Direct. So only those you give the link to can buy that.For example, if the tax on the order comes to $50.00 should I charge the client the $50? Good god, yes. The total is always charged.Or should I not charge the client the tax but offer then a lower discount on the order? (If memory serves me correct, publishers usually give between a 25-40% discount.) All the same, taxes are still charged. But in the UK if VAT registered, and earning over a certain amount per month (which is quite high) it can be claimed back, eventually. Off the tax officers.
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Post by And Kevin 2024 on Feb 23, 2024 0:16:50 GMT
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Post by And Kevin 2024 on Feb 23, 2024 0:19:00 GMT
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Post by cadbob on Feb 23, 2024 1:33:40 GMT
Thanks all.
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