ARTISTS FINALLY GET CLOSER TO COPYRIGHTING THEIR WORK
In favour of growing artist concerns about increasing piracy of their works which leads to lower profit margins the, government has announced starting from 1st January, 2013, Artists work to be stamped by TRA and formalized.
If implemented well, this might really help to put an end to piracy of bongo artists’ work in the country.
Jana wakati Minister for Finance, William Mgimwa
alipokuwa akisoma budgeti ya 2012-2013 alipendekeza kufanya maabadiliko
in the Excise (Management & Tariff) Act CAP 147, in which we will
introduce excise duty on music and film products among others.
The excise duty on music and film products such as
DVD, VCD, CD, Video Tape and Audio Tape is aimed at assisting operators
in this subsector to formalize their business.
“This measure is aimed at assisting operators in
this subsector to formalize their businesses, prevent piracy of the
artist works and enable them to benefit from their works,” he told the
National Assembly on Thursday.He said the Tanzania Revenue Authority (TRA), will issue stamps for the products in order to control production and earn revenue to both the government and operators
Posted by Unknown
on 2:28 AM. Filed under