Dutch Government Scraps Planned VAT Increase, Easing Pressure on Arts and Sports
The Dutch government has announced the cancellation of a proposed VAT increase from 9% to 21%, a decision welcomed by cultural and sports organizations. The Finance Minister, Sigrid Kaag, reversed the measure amid opposition pressure, preventing higher prices for books, theater tickets, and sports participation. Many authors and bookstore owners expressed relief, emphasizing the burden the increase would have placed on the sector. Sports organizations also noted the importance of maintaining affordable access to events. While the decision is seen as positive, stakeholders remain cautious about potential future fiscal measures.