According to Vedomosti, the same tax benefits can be extended to the music industry as to the IT sector. This follows from the draft roadmap of the Ministry of Economic Development dated January 27, 2023, aimed at implementing a mechanism for managing systemic changes in the legal regulation of entrepreneurial activity. The purpose of the proposed innovations is to stimulate the production of domestic music content and support Russian authors and artists, the document states.
The draft roadmap has been sent for approval to the relevant bodies – the Ministry of Culture, the Ministry of Finance and the Ministry of Digital Development and Communications, it follows from the document. It also states that it is planned to submit the relevant draft law to the government in July 2023. It is proposed to create an institute of accreditation of music organizations under the authorized state body "in order to obtain tax benefits and benefits on insurance premiums," the document says.
An expert group "Intellectual Property" participated in the development of the roadmap, it follows from the text of the document. Nikita Danilov, a member of the group, CEO of the National Federation of the Music Industry, explained to Vedomosti that tax benefits are planned to be extended to authors, artists, labels, music publishers, concert organizations and distributors, but this list can be expanded.
Among the key proposals is the exemption of industry representatives from VAT for the realization of exclusive rights to musical works, the results of performing activities and phonograms, he said. Now they have a standard rate of 20%. Also, as Danilov says, it is proposed to reset the corporate income tax rate for the regional budget (now it is 17%) and keep it at 3% for the federal budget. The tariffs for insurance premiums for compulsory pension insurance are planned to be reduced from 22 to 6%, for social insurance in connection with temporary disability or maternity – from 2.9 to 1.5%, for compulsory medical insurance – from 5.1 to 0.1%, he adds.
To receive benefits, as Danilov explains, the organization will have to have state accreditation in the field of music and, accordingly, at least 70% of its income must be received from musical activities.
We are ready to promptly answer media questions, provide journalists with the necessary information about the work of the Association, comment on news issues related to music and related areas.
The membership of the Association of Music Companies "National Federation of Music Industry" (NFMI) has significantly expanded
The General Meeting of members of the Association of Music Companies "National Federation of the Music Industry" (NFMI) has accepted domestic music label companies as associate members of the Association: "Black Star", "Lotus Music", "Media Land", "SP Digital".
According to Vedomosti, the same tax benefits can be extended to the music industry as to the IT sector.
Let us kindly remind that in August 2022 a bill on compulsory licensing of copyright and related rights was submitted to the State Duma.
NFMI sent comments to the Ministry of Culture of Russia with regards to the previous version of the draft law.
Let us kindly remind that the Ministry of Economic Development of the RF has developed a draft law on civil liability for persons initiating the blocking of intellectual property objects (content) on the Internet.
At present, the Intellectual Property Rights Court (SIP) is considering a case on the claim of the Russian Copyright Society (RAO) against the City Palace of Culture of the city of Meleuz of the Republic of Bashkortostan.
At the meeting of the industry guilds of the "Russian Creative Week", representatives of the Federal and Moscow City Duma, the Presidential Administration and members of professional guilds, including the Director General of the NFMI Nikita Danilov, supported initiatives for the development of creative industries.
According to TASS, Nikita Danilov, Director General of the National Federation of the Music Industry, noted that the new order could jeopardize payments to Russian artists signed to foreign labels.
In May of this year, the President of the RF signed a decree according to which Russian companies can fulfill obligations to some copyright holders from unfriendly states in rubles when using a special account of the "O" type opened in an authorized bank.
On August 19, deputy D.
In March 2022, a bill was submitted to the State Duma, according to which the validity period of license agreements, by virtue of which Russian persons had the right to use the results of intellectual activity, is extended for the period of sanctions of foreign states and international organizations against Russian persons.
As follows from the case file, the programmer created an application (computer program) based on publicly available software products.
The Ministry of Culture has prepared a draft resolution of the Government of the RF on amendments to the resolution on remuneration for the free reproduction of phonograms and audiovisual works for personal purposes (hereinafter – the draft resolution).
According to Vedomosti, on July 21, the National Federation of the Music Industry asked the chairmen of the State Duma committees on Information Policy and Financial Market, Alexander Khinstein and Anatoly Aksakov, to create legislative conditions for blocking payments by individuals to pirated resources and their owners.
The pandemic weakened the concert market and stimulated the growth of streaming.
According to TASS, the National Federation of Music Industries (NFMI) expects that in the near future the problem of access of users of Russian services to new tracks by foreign artists will be solved.
According to Vedomosti, the new mechanism of payments for content to companies from unfriendly countries, introduced by the decree of May 27, may carry risks for some categories of copyright holders and for Russian licensees.
On October 21-22, 2021, a visiting meeting of the Council under the President of the Russian Federation on codification and improvement of civil legislation was held in Perm.
Rightholders and Internet companies signed a new version of the anti-piracy memorandum.
The online distribution of pirated copies of movies, TV series, music and books causes enormous damage to companies investing in content production.
The XIII International Conference, "Transport Networks Russia & CIS: Development of Backbone Networks", was held on March 17 - 18, 2022, in Moscow.
According to "Kommersant", music major labels are asking the Russian authorities not to rush into adopting draft amendments to the Civil Code on compulsory licensing, which would allow companies in Russia to use new media products despite sanctions.
According to "Vedomosti", a new version of the anti-piracy memorandum was signed at the end of 2021.
On December 6, 2021 with the support of the Ministry of Digital Development, Communications and Mass Media of the Russian Federation the round table "Internet in Russia" was held, at which a large RAEC study on the trends and results of the digital economy in 2020-2021 was presented.
At the international educational conference Distant & Digital, the session "Digital content: practical steps to counter piracy" was held.