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:

You May Also Like

Emirates Airline Starts Flying to Brazil in Less than 3 Months

Dubai-based United Arab Emirates's Emirates Airline is getting ready to start regular flights between ...

Coffee Prices Rise 26% and Brazil Boosts Its World Share to 29.7%

Brazilian coffee exports totaled US$ 423.21 million in October, a 26.6% rise over the ...

Assessing the Damage: More On the Way?

Although a definitive piece of evidence against President Fernando Henrique Cardoso has yet to ...

Brazilian vote in referendum on guns

In Surprising Result, 64% of Brazilians Vote to Keep Their Guns

No Brazilian poll organization was able to detect how much Brazilians were against the ...

The Samba and the Fado

The attachment to the Portuguese language among Brazilians is more related to the fact ...

January 1995

CONTENTS: Cover story: Lolitas of the night (p. 8) Selling sex and death (p. ...

Brazil’s Lula Rejects Call to Abandon Neoliberal Policies

Brazilian president Luiz Inácio Lula da Silva welcomed last week’s entry of Venezuela into ...

Brazil: Trying to Save the Forests

The conservation and recuperation of the remnants of araucária forests in the South of ...

Brazil Confirms Its Santos Find Has Up to 4 Billion Barrels of Light Oil and Gas

Brazil's state-controlled oil and gas multinational Petrobras has just announced that the completion of ...

Inflation Up and Market Too in Brazil

Latin American markets were mixed Monday, December 12, as Brazil moved upward, and Argentina ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`