Following a massive backlash, the government has backed down and decided to lower the tax on books to 5%, instead of the originally planned increase from 10% to 23%. The 5% tax will now also apply to e-books, which were previously not included in the 10% tax.
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Following a massive backlash, the government has backed down and decided to lower the tax on books to 5%, instead of the originally planned increase from 10% to 23%. The 5% tax will now also apply to e-books, which were previously not included in the 10% tax.
Older English sources covering the issue:
[https://www.politico.eu/article/slovakia-books-vat-university-tax-publishers-gdp/](https://www.politico.eu/article/slovakia-books-vat-university-tax-publishers-gdp/)
[https://www.theguardian.com/world/2024/sep/20/slovakia-targets-wealthy-book-buyers-with-steep-vat-rise](https://www.theguardian.com/world/2024/sep/20/slovakia-targets-wealthy-book-buyers-with-steep-vat-rise)
[https://spectator.sme.sk/c/23386089/minister-kamenickys-book-vat-hike-faces-fierce-backlash-from-all-sides.html](https://spectator.sme.sk/c/23386089/minister-kamenickys-book-vat-hike-faces-fierce-backlash-from-all-sides.html)
Great! I wonder what other great policies and reforms the Slovak government is upto