The New law on Live Music Entertainment.


The Italian Parliament has recently approved the new law on live entertainment, a long-awaited regulation by industry players which sets new rules and allocates more resources and tax benefits to the entertainment sector: the novelties provided by the new Law include increased resources of Fund for the Performing Arts (€ 9.5 million for the years 2018 and 2019 and € 22.5 million from 2020), € 4 million for performances to be organized in the areas of Central Italy hit by the 2016 and 2017 earthquakes, the extension of the Art Bonus to all sectors of the show business, the stabilization of tax credit music, the grant for producers and live music performers of funds uo to € 4.5 million starting from 2018, the extension of State support for live performance of popular music and street performances.