As a protest against the levy of 10 percent local body tax, the Tamil Film Producers Council has decided not to release any Tamil movies from this Friday, 6th October. The latest press note released by the council states that they have been already facing difficulties with piracy and GST. Now, the new 10% Entertainment Tax tax imposed by the Tamilnadu Government has worsened their situation. “
Tamilnadu Film Producers Council has come up with an urgent statement a few minutes back. The press release says, “Tamil Film Producers are already facing loss in the trade due to various reasons including Piracy and GST. At this crucial situation, we are further shocked by the announcement (10% Entertainment Tax) made by Tamilnadu Government on 27th September 2017.
We had already explained the trade situation and have given a clear picture of the business through various petitions in our meetings with the State Government officials. But now, the government has come up with this taxation law instead of sorting out the ticket price hike issue. This has given us huge business loss and creates confusion internally.
So, we at TFPC met today with all producers and have come to a decision wholeheartedly. Tamilnadu Producers Council has now decided that there won’t be new movie releases from October 6th, until the government sorts out the ticket hike issue and waives of the Entertainment Tax completely.”
” says the official note.