Maks.K 3,874 Posted February 28, 2017 Share Posted February 28, 2017 https://www.pcgamesn.com/steam-price-increase Update February 23, 2017: Yesterday we reported that Steam's prices will rise across ten countries due to new tax jurisdictions. However, that's not necessarily the case. In the email we saw, it showed the percentage increases across each country, but this tax amount will be included in the current prices of the games, meaning it will be the publishers taking a smaller cut, essentially. Of course, publishers could choose to up their prices because of this. Save yourself some cash with our list of the best free Steam games. "The VAT tax amount will be included in the advertised price of your product, just like VAT is currently treated in the EU," say Valve. "This means the customer will pay the price displayed on the storefront, and the tax will be separated out afterwards." Originally, we interpreted this paragraph as the tax change being reflected on the store, making it easier for the customer to see the new price without worrying about tax charges after. However, it means the take will just be a bigger chunk of the existing price. Thanks to Josh Bishop, managing director of Brightrock Games, for pointing out this inaccuracy. Original Story February 22, 2017: Beginning in March, Valve are upping Steam’s prices across ten different countries to comply with new tax jurisdictions regarding sales tax on digital goods and services. Steam partners were sent an email about the change today, listing the following countries for March 2017: New Zealand - 15% Switzerland - 8% South Korea - 10% Japan - 8% Iceland - 24% South Africa - 14% India - 15% In April, Serbia will see a 20% rise in prices. Taiwan will get a 5% increase in May. Australia will see a 10% hike in July. There might be time to panic buy some games in a sale before then, you never know. The extra tax will be included in each game’s price on Steam to make things more readable for buyers. “We expect to add other individual countries over the course of 2017-2018, depending on applicable law,†said Valve in the email sent to developers, verified by PCGamesN. Link to comment Share on other sites More sharing options...
Rohan Kishibe 13,713 Posted February 28, 2017 Share Posted February 28, 2017 Korea seeing a 10% increase and a change to the real time charts... hmm Link to comment Share on other sites More sharing options...
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