Denmark scraps book tax to fight 'reading crisis'
Summary
Denmark has decided to remove the 25% sales tax on books to address a reading crisis. This move is aimed at making books more affordable and encouraging reading among Danish people, especially teenagers. The initiative will cost the government about 330 million kroner annually.Key Facts
- Denmark will abolish a 25% sales tax on books.
- The tax removal aims to address a reading crisis identified in the country.
- A quarter of Danish 15-year-olds cannot understand a simple text, according to the OECD.
- The initiative is expected to cost 330 million kroner ($50 million) a year.
- Neighboring countries have lower tax rates on books: Finland (14%), Sweden (6%), and Norway (0%).
- In the UK, books are not taxed.
- There has been a noted decline in reading and comprehension among Danish teenagers.
- Removing the tax on books is part of broader efforts to make literature more accessible in Denmark.
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