Proposed rate increase to reduce public deficit derided by booksellers, publishers and pro-Russia groups
Slovakia’s populist government has announced plans to drastically raise value-added tax (VAT) on books to help fix its public finances, drawing condemnation not only from booksellers and publishers but also far-right, pro-Russian propaganda groups seeking to circulate their ideas in print.
Announcing the new VAT rate this week, Slovakia’s finance minister, Ladislav Kamenický, claimed studies had shown that books were “primarily purchased by wealthier segments of the population” and could therefore be taxed at the new basic rate of 23% rather than the current rate of 10%.
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