Steam Sales Tax Increases Coming To Ten Countries
Valve’s Steam PC storefront has easily been one of the biggest boons to PC gaming in the industry’s history. As the medium’s platform largely relied on physical hardware, Steam’s convenient digital download system and frequent sales made gaming on PC more convenient and cheap for picking up multiple games at a time (and possibly more than just games in the future). In the age of digital transactions and services, Steam also had the advantage of limited regulations, given that laws have been slow to keep up with the ever-growing internet. Now, some nation’s laws will catch up with the house of Gabe Newell, as several countries will now see Steam sales tax increases within the next few months.
As reported by Gamespot, a new email has been sent to Steam partners which notifies them of Valve’s plans to roll out several regional sales tax applications to ten different countries on games sold through their platform. These will be added to comply with new tax jurisdictions that must now be applied to digital goods and services. The countries will now include the sales tax with the listed prices for Steam customers in their respective regions, much akin to the common practice of VAT in the European Union. The countries that will be receiving these taxes, with their application dates and rates, are the following:
- March 2017:
- Switzerland 8%
- South Korea 10%
- Japan 8%
- New Zealand 15%
- Iceland 24%
- South Africa 14%
- India 15%
- April 2017:
- Serbia 20%
- May 2017:
- Taiwan 5%
- July 2017:
- Australia 10%
While these tax increases do not necessarily mean an increase in prices that publishers will set for their games on Steam before the added on taxes, some are theorizing that this could happen given that the taxes will be hidden in the listed price which would put sudden cost increases on them. What do you guys think about these Steam Sales Tax increases? Do you think they are fair? If they affect you, are you going to prefer to buy PC games elsewhere? Let us know in the comments below!
Be sure to stay tuned for the latest Steam news, such as Steam Greenlight being replaced by the new Steam Direct program, here on Don’t Feed the Gamers! Also be sure to follow our Twitter and Disqus profiles for our latest updates the minute they go live!
Cory Lara2137 Posts
A royally radical and totally tubular 90s kid, Cory has a passion for all things nerdy, particularly gaming and nostalgia. While an accountant by day, he strives to be as creative and humorous as possible in his free time, be it here writing on Don't Feed the Gamers, or making dumb satirical posts on his Twitter, Youtube, Facebook and Instagram accounts.