Any increase in VAT level for books leads to risk of insolvencies and bankruptcies in the sector
Publicat:Any increase in the VAT level for books, given that Romania is the smallest book market per capita in the EU, will increase the risk of insolvencies and bankruptcies in this sector, states the Board of Directors of the Romanian Publishers Association (AER) in a press release sent to AGERPRES on Wednesday.
"The value chain of the book, which includes authors, publishers, booksellers and librarians, has been at the limit of survival for many years, so that any measure that affects one of the actors can, in the medium term, unbalance all the others," the AER release reads, agerpres reports. Also,…
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