- Denmark plans to abolish the 25% VAT on books in 2026 to address the reading crisis and improve access to literature.
- The proposal is part of the 2026 budget bill and aims to make literature more affordable.
- Denmark faces a reading crisis with fewer young people reading regularly.
- The government is also investing in education and libraries to promote reading.
- Denmark’s current book VAT is the highest among Nordic countries, with Finland at 14%, Sweden at 6%, and Norway at 0%.
- The initiative includes more funding for school libraries and librarian positions.
- The government expects book prices to decrease in line with the VAT abolition.
- The policy will be monitored to ensure it benefits consumers and does not just increase publisher profits.
- Denmark’s move could influence other EU countries with high VAT rates on books.
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.
