- 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.