COLOMBO :A Webinar on Tax Amnesty and the write off of Taxes in Arrears under the Finance Act will be held on September 24, the KPMG Sri Lanka Academy announced here on Tuesday, Sept,21
Organized by the KPMG, the webinar will be on “Dissecting the Tax Amnesty and the write off of Taxes in Arrears: Finance Act 2021” .
The finance bill which was published in the Gazette on 12th July 2021 was passed in Parliament with amendments on 7th September 2021. The Bill contains two parts covering the imposition of tax on voluntary disclosure and provisions related to write off taxes in arrears under certain laws.
This one hour session will be conducted by Mr Suresh R.I.Perera, Principal – Tax & Regulatory, KPMG, Ms Rifka Ziyard, Director – Tax & Regulatory and Ms Nadeesha Epa, Manager – Tax & Regulatory, KPMG.
The discussion would cover features of the Finance Act 2021 including the outcome of the Supreme Court involving amnesty.
Scope of the tax amnesty, eligibility, qualifying taxes, relevant conditions, and steps involved in securing the amnesty, calculation of voluntary disclosure tax, immunity granted under the Act, Write off of taxes, penalties & interests, and relevant deadlines etc.
For registrations, please contact Anita on [email protected] or 076 561 5577.