KPMG Sri Lanka webinar on navigating tax appeals

Friday, 26 January 2024 00:14 - - {{hitsCtrl.values.hits}}

KPMG Academy will hold an insightful webinar titled “Unraveling the Mystiques of Tax

Appeals,” on 29 January from 3 p.m. to 4 p.m.

This exclusive event aims to demystify the intricacies of the tax appellate procedure in Sri Lanka, providing valuable insights for both taxpayers and tax authorities.

Led by esteemed Guest Speaker Dr. K. Kanag-Isvaran, President’s Counsel, the webinar will delve into the nuances of tax appeals under various statutes, including the Inland Revenue Act (Old and New), Value Added Tax Act, and Social Security Contribution Levy Act. Dr. Kanag-Isvaran will share observations on the challenges, opportunities, rights of taxpayers, and practical considerations involved in handling tax appeals.

Joining the discussion are KPMG’s distinguished resource personnel, including Principal, Tax and Regulatory Rifka Ziyard, Senior Manager, Tax and Regulatory Lourdes Mirani Ratnarajah, and Principal, Tax and Regulatory Suresh Perera.

The webinar will address the ever-evolving tax appellate procedures in Sri Lanka, exploring the challenges posed by multiple amendments. Focus areas will include time-bar provisions related to assessments, appeal submissions, and determinations by relevant appellate authorities, along with a detailed examination of procedural complexities.

In addition to dissecting the legal provisions governing the appellate process, the webinar will highlight key judicial decisions that shape the landscape of tax appeals in Sri Lanka.