Apple raises App Store prices in some countries from October According to Reuters

© Reuters. FILE PHOTO: A man walks next to an advertisement for Apple’s new iPhone 11 Pro at the Apple Store in IFC, Central District, Hong Kong, China October 10, 2019, after Apple Inc. an app that Hong Kong protesters used to monitor politics

(Reuters) – Apple Inc (NASDAQ:) said on Monday the prices of apps and in-app purchases on its App Store will increase in several countries including Japan, Malaysia and all territories use the euro common currency, from next month.

The new pricing, which does not include auto-renewing subscriptions, will go into effect on October 5 at the earliest, Apple said in a blog post.

These changes will also reflect new regulations for Apple in Vietnam in the collection and payment of applicable taxes, including value-added tax (VAT) and corporate income tax (CIT) with tax. The corresponding yield is 5%, the company added.

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