Tax inquiry News
Latest conceptually matching events and reports for Tax inquiry.
Proposed Inland Revenue Amendments Spark Controversy Over Criminalizing Tax Procedural Errors.
Sri Lanka’s proposed Inland Revenue (Amendment) Bill has ignited debate among legal experts and tax professionals over a provision that could turn minor administrative tax failures into criminal offenses, potentially bypassing traditional requirements for proof of fraudulent intent.
Sri Lanka Approves Tax Exemptions for New Telecommunication Towers to Boost Connectivity.
The Cabinet of Ministers has approved amendments to the Finance Act No. 35 of 2018 to exempt newly constructed telecommunication towers from the annual tax for a five-year period starting January 1, 2026.
Parliamentary Committee Rejects Proposed Strategic Investment Tax Incentives.
The Committee on Public Finance (COPF) has halted a new gazette aimed at regulating Strategic Development Projects (SDP) tax incentives, citing flawed criteria and unfair biases against manufacturing.
