Ghanaian musician Kwabena Kwabena has expressed his concern regarding the Ghana Revenue Authority's (GRA) 21.9% tax on event tickets, labeling it as detrimental to the music industry.
In an interview on Daybreak Hitz with DJ Slim, the highlife crooner highlighted the substantial investments required to organise events, stating that such a high tax rate poses a huge threat to performers and organisers.
"You put in so much, you invest so much, and then somebody comes to your door and says that I'm gonna take 21.9% off every ticket you sold," he said.
In suggestion to what works better for the music industry, he remarked: “I think it has to be done after net time, they should calculate percentages on my profit”.
Diagnosing the implications of the financial burden placed on artists and event organizers, he urged: “It has to be reviewed because it’s killing the industry.”
He believes that adjustments should be made that better reflect the financial realities faced by artistes, particularly in light of the growing expenses involved in putting on live shows.
His concern comes on the back of calls by various creatives such as OB Amponsah, Lekzy DeComic, George Quaye, Peter Sedufia, for the government to find ways of mitigating the effects of the taxes on their works.
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