{"id":49131,"date":"2023-12-12T16:50:19","date_gmt":"2023-12-12T16:50:19","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/?p=49131"},"modified":"2023-12-12T15:16:56","modified_gmt":"2023-12-12T15:16:56","slug":"promoters-and-artists-face-strict-tax-regime","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime","title":{"rendered":"Promoters and artists face strict tax regime"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>The entertainment industry, currently at peak of season, has been greeted with an immediate knock at the door by the taxman.<\/b><\/p>\n<p>A statement from the Gambia Revenue Authority over the weekend stated that all entertainment events organised locally or internationally are subject to income tax payment.<\/p>\n<p>According to the release, the tax liability is imposed on both the promoter of the event and the artist, local or foreign.<\/p>\n<p>\u201cFor the promoter of the event, the income tax shall be paid in accordance with the normal tax regime which is a quarterly payment obligation, an annual filing declaration and final payment obligation at the end of the year, while for the artist or musician, local or foreign the tax shall be withheld by the promoter and paid to the GRA on their behalf. It is important for all promoters to note that failure to withhold tax as stated above or failure to remit tax withheld is an offense under section95 of the Income and Value Added Tax Act 2012, in which case the promoter shall be held personally liable for the tax penalty, and interest in accordance with section 231 and 229 of the income and Valued Added Tax Act 2012 respectively.\u201d<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/gambia\">Gambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. The entertainment industry, currently at peak of season, has been greeted with an immediate knock at the door by the taxman. A statement from the Gambia Revenue Authority over the weekend stated that all entertainment events organised locally or internationally are subject to income tax payment. According to the release, the tax [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":49130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[2355,2361,260],"class_list":["post-49131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Promoters and artists face strict tax regime - Gambia<\/title>\n<meta name=\"description\" content=\"The entertainment industry, currently at peak of season, has been greeted with an immediate knock at the door by the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Promoters and artists face strict tax regime\" \/>\n<meta property=\"og:description\" content=\"The entertainment industry, currently at peak of season, has been greeted with an immediate knock at the door by the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-12T16:50:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/12\/sm_1702381326.095488.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Promoters and artists face strict tax regime\",\"datePublished\":\"2023-12-12T16:50:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime\"},\"wordCount\":216,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/12\/sm_1702381326.095488.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/promoters-and-artists-face-strict-tax-regime\",\"name\":\"Promoters and artists face strict tax regime - 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