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Apple to increase App Store prices from Oct

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Apple on Monday said that prices of apps and in-app purchases on its App Store will increase in several countries, including Japan, Malaysia, and all territories that use the euro currency, from next month.

The new prices, excluding auto-renewable subscriptions, will be effective as early as October 5, Apple said in a blog post.

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These changes will also reflect new regulations for Apple in Vietnam to collect and remit applicable taxes, being a value-added tax (VAT) and corporate income tax (CIT) at 5% rates, respectively, the company added. – Agencies

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