Apple App Store prices are increasing in Europe and more

Apple has announced that it will increase the prices of the App Store in Europe as well as in some other countries around the world.

These new price increases will occur in Europe next month and will take effect from October 5, 2022.

The price increases are due to changes in the price of the Euro compared to the US dollar and also to take account of tax changes, you can see more information below.

As early as October 5, 2022, prices for apps and in-app purchases (excluding auto-renewing subscriptions) will rise on the App Store in Chile, Egypt, Japan, Malaysia, Pakistan, Poland, South Korea, Sweden, Vietnam and all regions that use the euro currency. In Vietnam, these increases also reflect new regulations for Apple to collect and remit applicable taxes, such as Value Added Tax (VAT) and Corporate Income Tax (CIT) at rates of 5% respectively.

Your returns will be adjusted accordingly and will be calculated based on the non-taxable rate. Document B in the Paid Applications Agreement will be updated to indicate that Apple collects and remits taxes applicable in Vietnam.

The minimum price for apps in the Apple App Store will be increased from €0.99 to €1.19 in Europe from October 5th, and you can find more information on Apple’s website at the link below.

Apple source

Filed Under: News Gadgets

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