Tax Administration of Kosovo announces to the public that for the period January-August 2024, it has collected taxes worth 2.3 million euros from singers alone. This is a significant increase in the declaration and payment of taxes by singers and other performers in the music industry. The increase is the result of new measures implemented by the administration to consolidate its activities and ensure intensive monitoring of this sector. The revenues of this period are higher by half a million euros compared to the same period last year.
As part of these measures, the monitoring of singers’ income has been intensified, including live performances, management contracts and income from other sources. Tax Administration aims to ensure equal and fair treatment for all taxpayers, creating a favourable environment for all.
This initiative is an important step in efforts to increase budget revenues and improve financial transparency in the music sector, encouraging all artists to respect their tax obligations.
Tax Administration of Kosovo expresses their gratitude to all the singers and artists who have fulfilled their obligations and encourages others to follow the same example to help the economic development of the country.
