• Kyodo

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Japanese publishers and distributors of electronic books are increasingly alarmed by the upcoming consumption tax hike in the absence of a system to tax e-books and other digital content purchased from overseas vendors such as the U.S.-based Internet giant Amazon.com Inc. and Japanese online vendor Rakuten Inc.’s Canada unit.

With the consumption tax to rise to 8 percent in April from 5 percent now, and to 10 percent in October 2015, concerns have been rising over the growing taxation disparity, which publishers see as a threat to fair competition.

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