Denmark Scraps Book Tax to Combat 'Reading Crisis'

Facing a growing 'reading crisis', Denmark will eliminate its 25% book sales tax – the highest in Europe. This move, costing the state an estimated $51 million annually, aims to boost book sales and reading rates. The decision follows an OECD report revealing that 24% of 15-year-old Danes struggle with basic reading comprehension, a four-percentage-point increase over a decade. The Danish publishing industry had advocated for the tax cut, emphasizing the need for accessible physical books for all.