The decision of the parliament to cancel the VAT exemption for domestic book publishers will have serious and extremely negative political consequences for Ukraine, believes People's Deputy of Ukraine Serhiy Slabenko. Due to the lack of awareness of the overwhelming majority of the parliamentary corps about the real state of the Ukrainian book publishing market, in which books from domestic publishers actually account for no more than 8%, this norm was adopted in the 2004 State Budget. The main reason for the actual seizure of the domestic market by products of Russian or Belarusian publication is the almost twofold lower cost of these publications, which are printed in huge print runs and distributed throughout the entire territory of the CIS. The Ukrainian book today is more expensive than the Russian one and will become even more expensive. Responsibility for such economic discrimination against Ukrainian-language publications lies entirely with the conscience of the current authorities. The introduction of VAT for book publishers concerns only 8% of the book market; for the rest of the products, the taxation conditions have not changed. It is not difficult to predict that even the projected revenues from the taxation of books will become even smaller, believes People's Deputy Serhiy Slabenko. In the appeal of book publishers to the deputies of the Verkhovna Rada, it is pointed out that such a reverse step as the introduction of VAT at the border during the import of books from CIS countries will provide additional revenues to the budget and at the same time reduce the price discrimination of the Ukrainian book. This simple decision will provide ten times more funds than the cancellation of exemptions for Ukrainian books.
Cancellation of VAT benefits for domestic book publishers will have extremely negative consequences — Serhii Slabenko
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