“It is imperative the present regime of withholding taxes is overhauled”
The European Music Managers Alliance (EMMA) is calling for an overhaul in how “withholding tax” is applied to touring musicians in the EU.
The umbrella organisation for more than 3,000 music managers across Europe has coordinated a letter to MEPs and EU Commissioners on the issue, backed by a cross-section of trade bodies, as well as music export offices.
Withholding taxes are typically deducted as a percentage of an artist’s gross payment when they perform in a foreign territory – theoretically…
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The European Music Managers Alliance claims the current system has caused some artists to lose money on otherwise profitable tours
Comment 11 December 2024