How we distribute remunerations to the artists:
As per Distribution rules, NUOVOIMAIE distributes remunerations as follows:
The remunerations of the artists of the music area are distributed among the single righthoIders securing each primary performer a double share of the one guaranteed to single secondary performers, in this instance, members of music groups are considered as single primary performers.
The remunerations of the artists of the audiovisual area are distributed among the single right holders securing each primary performer a double share of the one guaranteed to single secondary performers.
In the case of EU workers, (or in the case of a country recognising the Italian artists the same rights) when the performer has been dubbed, a 25% quota of the Performer dubbed, is reserved for the dubber; in case the dubbing of the performer has been made by more than one dubber, the reserved quota is divided among them.
When we distribute remunerations to the artists:
Remuneration are distributed every six month in both areas (Music and Audiovisual) based on money collected and data received from producers and users. NUOVOIMAIE can distribute an advanced payment and pay the balance in the following half year depending on the statements and the amounts paid to NUOVOIMAIE from producers and users.
Payment schedule music area
1° for the first half of the year > starting from June 30th
2° for the second half of the year > starting from December 31st
Payment schedule audiovisual area
1° for the first half of the year > starting from March 31th
2° for the second half of the year > starting from September 30st
How we communicate to artists the amounts due to them
In order to pay the rights to the artists, NUOVOIMAIE must follow the actual fiscal Law and the relating dispostions of the local tax authority.
Neighbouring rights are considered as remuneration for a service rendered for the use of a recording: .
In order to to obtain the payments of rights, the artist must issue a fiscal document, invoice (with Vat and witholding tax) or receipt (with withholding tax) if he is not a VAT number holder. In the case of heirs it is sufficient to issue a receipt after presenting valid documentation relating to the estate. If an artist has a foreign fiscal residence the relevant fiscal laws and current conventions shall apply in order to avoid double taxation.
NUOVOIMAIE communicates the amounts due by sending a facsimile of a fiscal document which shall be issued together with the analytical details containing all the information held by NUOVOIMAIE which determined the amounts paid together with a memorandum in which the artist can find all usefull information, also relating to the payment.
Members of NUOVOIMAIE and their principals registered in the portal can also use it to download the fiscal document.
The percentage that NUOVOIMAIE keeps from the remuneration in order to carry out its activites (fee and managing costs) is calculated yearly and withheld once the sums relating to the accruing rights are collected. As of date this percentage is equal to 15% and it is the only fee the Istitute withholds.
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