The imposition of VAT (18%) on books publishers in Sri Lanka results in the loss of thousands of jobs. Publishers say that about 30 percent of bookstores have shut down because of the country’s economic crisis. Before January 2024, there has been no taxes no books, and Sri Lanka’s book publishing industry was in crisis even before the VAT imposition. The cost of book … [Read more...] about Book Publishing in Sri Lanka Faces Crisis
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