Site icon Fly FM

DBKL’s 25% Entertainment Tax on Live Performances May Do More Harm Than Good


If you’ve noticed that the likes of Singapore and Bangkok have been receiving more prominent international artists performing concerts, one reason they have not stopped by Malaysia might be the 25% Entertainment Tax on Live Performances imposed by the Dewan Bandaraya Kuala Lumpur (DBKL) in Wilayah Persekutuan. 

In a letter addressed to government authorities, ALIFE emphasised the need for immediate action to prevent catastrophic economic consequences and to ensure the continued competitiveness of the live performance industry in the region.

Formed in 2016, the Arts, Live Festivals and Events Association (ALIFE) is a non-profit organisation that aims to fight for and protect the rights of everyone involved in the entertainment industry.

The 25% Entertainment Tax rate, established in 2001 and last updated in 2006, is no longer aligned with the current socio-economic landscape. The live performance industry has evolved…

Click here to read the full article.

Source:

Exit mobile version