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Tax laws News

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Local News

Proposed Inland Revenue Amendments Spark Controversy Over Criminalizing Tax Procedural Errors.

May 17, 2026 at 12:06 AM

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.

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Proposed Inland Revenue Amendments Spark Controversy Over Criminalizing Tax Procedural Errors
Image Credit : ft.lk
United States
US States Move to Restrict Tax Breaks on Qualified Small Business Stock
Image Source : cnbc.com

US States Move to Restrict Tax Breaks on Qualified Small Business Stock.

May 8, 2026 at 11:34 AM
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Economy
Mapping the US Tax Burden: Which States Take the Biggest Bite Out of Personal Income?
Image Source : businessinsider.com

Mapping the US Tax Burden: Which States Take the Biggest Bite Out of Personal Income?.

April 16, 2026 at 12:59 PM
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