Tax policy News
Latest conceptually matching events and reports for Tax policy.
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.
Reflecting on the Premadasa Economic Model Amidst Current Fiscal Realities.
This article explores the enduring relevance of President Ranasinghe Premadasa's pro-poor economic philosophy in comparison to the current government's IMF-backed policies, while addressing concerns over recent financial security lapses.
Strategic Use of Tax Refunds: Why More Americans Are Prioritizing Debt Reduction.
As tax season arrives, many Americans are shifting their focus from spending to financial stability, with a significant number using their tax refunds to tackle high-interest debt and improve long-term financial health.
Sri Lanka Cabinet Greenlights Critical VAT and Finance Act Reforms.
The Sri Lankan Cabinet has approved amendments to the Value Added Tax Act and the Finance Act, aligning with the 2025 and 2026 economic policy frameworks, while simultaneously introducing relief measures to combat energy price hikes.
