Seminar on latest developments in taxation tomorrow

Monday, 21 November 2016 00:01 - - {{hitsCtrl.values.hits}}

The VAT Amending Act No. 20 of 2016 and NBT Amending Act No. 22 of 2016 were certified by the Speaker of the Parliament very recently, thus changing the indirect tax regime of Sri Lanka. The Budget 2017, presented on 10 November 2016, also contains proposals that further modify the indirect and direct tax regime of Sri Lanka. As a result, there is confusion with regard to the tax laws that apply for Year of Assessment 2016/17 and, moving forward, to the Year of Assessment 2017/18.

A four and a half hour program, organised by UTO EduConsult ltd together with KPMG Sri Lanka as the Knowledge Partner to be held on 22 November 2016 at Ramada, Colombo, will give the audience an opportunity to clear their doubts with regard to the tax rules, as applicable in today’s context.

The program is designed to eliminate doubt and shed light on the application of the rules applicable to different business sectors.

The lead presentation will be delivered by Suresh Perera, Principal, Tax & Regulatory, KPMG followed by a panel discussion, with several eminent personnel contributing to the discussion. The panelists represent a cross-section of industries, which would enable the delegates obtain different perspectives on a very complex subject area. It would comprise Ministry of Finance Tax Advisor Thanuja Perera, Nations Trust Bank Chief Financial Officer Ajith Akmeemana, Royal Ceramics Lanka Head of Finance and Treasury Haresh Somaratne and Jetwing Hotels Executive Director Sanjeewa Anthony. The panel discussion will be moderated by Rifka Ziyard of KPMG.

For further information, please call 0775837575 or e-mail [email protected].