This could change everything.
We have been blessed in Ireland in 2017 with fantastic concerts and some of the world’s best artists have played their mighty tunes over the last couple of months.
Coldplay in Croker, Ariana Grande and Drake playing the 3 Arena, Green Day blowing Kilmainham away, Guns ‘N’ Roses rocking Slane and Bieber banging out tunes in the RDS.
However, these well know acts might think twice before coming back to this country again after calls have been made for the music stars to pay tax on money earned from their concerts here.
According to 98FM, Members of the Oireachtas Arts Committee want to change the system and Sinn Féin’s Peadar Toibín claimed that some musicians are making as much as €30 million while performing here.
Currently, artists don’t have to pay tax on their concerts here and instead, they settle the tax bill when they return to the country where all their business is being controlled.
The Oireachtas Arts Committee have sent in a recommendation which suggests that Ireland takes a percentage of money earned before the artist leaves.
While the Committee believes that something needs to be done to address the issue, the Department of Finance has said before that doing something along those lines would lead to fewer acts wanting to come over and play here.
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