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    Your email address will not be published.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

    Truck in Brazil

    2010: Brazil’s Exports to Grow 12% and Imports 24%

    Exports from Brazil should reach around US$ 170.7 billion in 2010, with growth of ...

    Dilma Rousseff and President Lula

    Coming Up in Brazil – Serra Versus Dilma?

    The world’s eye may be on the presidential contest in the United States but ...

    Wall Street and Low Inflation Give Brazil a Boost

    Latin American stocks were mostly higher, with Brazilian and Mexican stocks posting robust gains, ...

    Brazil Earmarks US$ 4.7 Million for 41 Stem Cell Research Project

    During the next two years, 41 research projects involving embryonic and adult stem cells, ...

    Brazil Takes Portuguese to East Timor

    Brazil’s Ministry of Education is calling up trained Brazilian teachers with teaching experience to ...

    PT’s Spin Doctors to the Rescue of Brazil Elections

    On the last day of the election campaign Datafolha published their final poll. José ...

    Brazil Wants do End Illiteracy Among 3 Million Youngsters

    Brazil’s Ministry of Education (MEC) announced that this year the Literate Brazil program will ...

    Brazilian President’s Latest African Tour Starts in Algeria

    Brazilian President Luiz Inácio Lula da Silva in Algiers, where he will meet president ...

    Overpopulated

    Brazil started the century with 17 million people and ended it with an estimated ...

    Camaçari petrochemical pole in Bahia, Brazil

    Brazilian Imports of Chemicals Grow 52% in First Half

    Brazil's production of chemical products for industrial use rose 17.83% last month, according to ...