IVA on cultural items to go from 8% to 21%

Tickets for the cinema, theatre, concerts, circuses and other cultural events and shows are set to rise after the announcement that IVA (VAT) on such things is to be increased from the current 8% to 21%.

Organisations within the cultural world have not greeted the news with anything remotely resembling pleasure, some predicting the closure of half the cinemas in the country, others believing it could even be the death of cinema in Spain.

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