The film industry is exempt from the entertainment tax for two years

The relevant ministries approved the exemption of the film industry from the entertainment tax for a period of two years in order to protect local cinema in the face of Covid-19 yesterday (11.01.2021)

For the two years 2021-2022, the film industry will be exempted from the entertainment tax, affecting the entire island.

Previously, the entertainment tax was levied at the rate of 5% to 25% by the relevant local authorities.

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