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New French Government Drops VAT on Books From 7% to 5.5%

By Olivia Snaije

France’s new Minister of Culture, Aurélie Filippetti confirmed today that the VAT rate for books would return to 5.5%, following its raise to 7% just two months ago in April under Nicolas Sarkozy’s government. Following a meeting with booksellers and regional authorities, Ms. Filippetti said the future of bookshops and in particular independent bookshops would be one of her priorities.

She also welcomed deliberations made by the Centre National du Livre (National Book Center) and industry professionals to help independent bookstores find solutions for online digital sales.

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2 Comments

  1. Posted June 22, 2012 at 11:01 am | Permalink

    Good

  2. Stig
    Posted June 26, 2012 at 8:06 am | Permalink

    Very good. What about the VAT on e-books and audiobooks?? Does anybody know?
    Stig

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