tax amnesty

State Revenue: What Happened to the Tax Amnesty?

by |22 January 202224 January 2022|Verité in the News

Published on The Morning IRD refuses to provide info on tax amnesty funds Tax amnesties in SL have been ineffective: Think tank Balance between voluntary tax compliance and deterrence needed The Government of Sri Lanka last year presented a controversial...

Tax Amnesty: The New Tax Scandal

by |06 September 202117 September 2021|Verité in the News

Published in the DailyFT Sri Lanka’s overall tax system of indirect taxes means that the poor disproportionately pay more in taxes than a wealthier family. The Finance Bill codifies this The gazetted Finance Bill is an unfair piece of legislation...

Proposed Tax Amnesty: Exercising Caution in Income Generation

by |21 August 202114 October 2021|Verité in the News

Published on The Morning Govt. expects $ 500 m income through tax amnesty: Cabraal Important for people to submit their taxable supplies: IRD Chief Amnesties granted on previous occasions have failed: Dr. Wijewardena While the Government states it expects to...