“A coalition of entertainment industry unions and associations is urging Congress to include the Performing Artist Tax Parity Act in any omnibus legislation that may come before the House and Senate for fiscal year 2022,” writes David Robb in Thursday’s (1/28) Deadline (Los Angeles, CA). “In a letter sent Thursday to leaders of the House and Senate, supporters of the legislation say it would ‘restore tax fairness for middle-class creative professionals’ by updating the current Qualified Performing Artist (QPA) deduction and ‘meaningfully impact the lives of creative professionals and their families.’ ” In addition to the League of American Orchestras and the American Federation of Musicians, “backers of the legislation include SAG-AFTRA, IATSE, Actors’ Equity, the WGA East, the Motion Picture Association, the Recording Industry Association of America, the Broadway League, Carnegie Hall and the Department for Professional Employees, AFL-CIO…. Introduced in the House by Judy Chu (D-CA) and Vern Buchanan (R-FL) and in the Senate by Mark Warner (D-VA) and Bill Hagerty (R-TN), the letter says that ‘this bipartisan legislation would update the Qualified Performing Artist deduction to correct an unintended consequence of tax reform that has caused a drastic tax increase for middle class creative professionals.”
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