Brazil Eliminates Taxes on Books

    Brazil’s goverment decision to  eliminate taxes on the production, sale, and importation of books will make it possible to reduce prices to make books more accessible to the populace.

    This evaluation was made by the coordinator of the National Book and Reading Plan of the Ministry of Culture, Galeno Amorim, in comments on the law sanctioned by President Luiz Inácio Lula da Silva to exempt publishing companies, bookstores, and book distributors from tax payments.


    Through this measure the government hopes to reduce the price of literary works by 10% over the next four years.


    Galeno also remarked that the measure should imbue the publishing market with optimism and confidence, stimulate new investments by publishing houses, and lead to the opening of new sales locations in the country.


    In his view, tax exemption is the first step for encouraging reading in the country.


    The price of books is determined by a variety of factors, including the number of copies in an edition.


    Galeno judges that the multiplication of public libraries will make for larger editions.


    Nowadays, the average edition in Brazil amounts to two thousand copies, 50% less than 20 or 30 years ago. The ideal, he says, are editions that run off at least ten thousand copies.


    ABr

    Tags:

    • Show Comments (1)

    • Guest

      bravo!
      in the philippines, the congress is doing the exact same opposite. how ironic.

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    Ads

    You May Also Like

    Haiti’s President Elect Thanks Brazil and Plans do Visit Country

    Brazilian Minister of Foreign Relations, Celso Amorim, called Haiti’s elected President, René Préval, this ...

    CanaVialis, Brazil

    Monsanto Buys World’s Largest Sugarcane Breeding Firm in Brazil

    US-based agriculture company Monsanto has completed the purchase of Brazilian firm Aly Participações Ltda., ...

    WTO chief, Pascal Lamy

    Brazil Calls Geneva’s Global Trade Starting Session Totally Useless

    Ministerial negotiations on global trade's first day, at this week's meeting in Geneva of ...

    Bolivian president Evo Morales

    Separatism Won’t Be Tolerated in Bolivia, Warn Brazil and Argentina

    The Brazilian and Argentinean governments reaffirmed their full support to Bolivia's president Evo Morales ...

    Brazil: Their Business Are Soccer Jerseys from All Over the World

    Supporters of Arab teams who live in Brazil are getting ready to see Saudi ...

    Father and daughter

    It Happened in Brazil: A Good Deed Is a Reward in Itself

    March 9, 1999 is a day which I will remember forever. That day I ...

    The day after

    Thanks to the wonderful potions prepared by Loira, Loira and Roque postponed old age ...

    Brazil’s Boeing Accident Report Concludes Nothing and Blames No One

    The just-released preliminary report on the September 29 Boeing 737 accident in the Brazilian ...

    Making Do

    New official statistics show that the subterranean economy in Brazil employs one in every ...