Newspaper tax increases in Lithuania

From January 1 on, the V.A.T. on newspaper sales in Lithuania went from 5 to 19%. Not very good news for this troubled medium.

Most newspapers in Lithuania, however, have increased the cover price with more than the increased VAT-rise, Lietuvos žinios even with 50%. (Opinija)

An increased cover price might affect the position of free paper ‘15min’, as many papers are sold by single copy.

Total circulation of paid papers in Lithuania has decreased sharply in the last decade. Ten years ago it was around 2.5 million. In 2007 it was just over 500,000.

One Response to “Newspaper tax increases in Lithuania”

  1. Unrequired Reading {3.1.09} | Adrian Monck Says:

    [...] Newspaper tax increases in Lithuania | Newspaper Innovation – Total circulation of paid papers in Lithuania has decreased sharply in the last decade. Ten years ago it was around 2.5 million. In 2007 it was just over 500,000. [...]