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Serious Consequences of VAT Increase on News Media Accessibility and Employment

  • Proposed increase in VAT from 9% to 21% will have serious consequences for journalism
  • Independent analysis predicts a significant decrease in subscribers and a loss of 377 jobs in news companies
  • Only 14% of Dutch citizens support the tax increase
  • Concerns about accessibility of quality media for lower-income citizens, impact on journalism, and democracy
  • Majority of NSC voters support a decrease in VAT for news media
  • Coalitions parties’ voters also largely against the VAT increase
  • Calls for news media to be included in reduced VAT rate to combat fake news and support independent journalism

Source: accountancyvanmorgen.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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