- Denmark plans to remove its 25% VAT on books, the world’s highest book tax.
- The move aims to combat a reading crisis by making books cheaper and improving reading habits.
- Book prices are expected to fall, and the government will monitor publishers to ensure consumers benefit.
- The reform could reshape the Nordic book market and influence other EU countries with high book VAT rates.
Source: marosavat.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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