Tag: local music industry

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Politics

TAX BREAKS FOR LOCAL FILM, MUSIC INDUSTRIES PUSHED

Senator Lito Lapid renewed his call for the government to provide more support to the local film industry. Lapid filed Senate Bill No. 2056 or the “Local Arts and Entertainment Industry Promotions Act,” asking corporate tax breaks for Philippine arts and entertainment industry, including exemptions from the amusement tax. “Ang mga tax breaks ay tutulong […]

Categories
Politics

TAX BREAKS FOR LOCAL FILM, MUSIC INDUSTRIES PUSHED

To help the film and music industries recover from the effects of the pandemic, Senator Robin Padilla filed a bill to exempt Filipino-owned local productions from paying amusement tax, and to grant tax holidays to the two industries. Padilla, a veteran of the movie industry, noted in his Senate Bill 2048 (The Film and Live […]