RIGA - There are about 400 companies or private persons who published at least one book during this year in Latvia. Among them, less than 100 are big and middle size publishers. The crisis has made their business really tough. Now, their survival depends on the government - whether or not it decides to increase the VAT tax again.The hottest question for the industry now is VAT for books. Initially the government planned to increase it, from 10 percent to 21 percent, trying to find additional money for the budget 2011. But now the discussions are going on about an increase up to 12 per...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.
In case you don't have a subscription yet - please visit our
SUBSCRIPTION section
