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Amazon Publishing expands to France; UK announces new tax on profit-shifting

Amazon Publishing has expanded into France, hiring a senior editor to work on original manuscripts, reports the Bookseller. Clément Monjou, former editor of the eBouguin.fre ebook blog, has been appointed to the position and tasked with ‘discovering quality books to be translated and published in French’. Amazon Publishing France’s first two titles, a romance called Ladden et La Lampe Merveilleuse by Stephanie Bond and a thriller called Hackeur et Contre Tous by Dave Buschi, will be published under the Amazon Crossing imprint on 10 March. Three more titles will be released at the end of the month. The Bookseller also reported that, in the UK, Amazon and other companies that move profits overseas will be charged a ‘diverted profits tax’. The ‘Google Tax’, which was first announced in December, involves a 25% tax on the profits of a company that moves profits outside of the UK to avoid paying tax.   



Category: International news