KPMG webinar on Wealth Tax on 23 August

Tuesday, 22 August 2023 01:03 - - {{hitsCtrl.values.hits}}

The IMF in the context of ‘The Extended Fund Facility’ for Sri Lanka has stipulated that the country should “Introduce a nationwide real property tax including a review of related fiscal transfers AND Introduce gift and inheritance tax with a tax free allowance and minimal exemptions” by 1 January 2025 under the heading Property, Wealth & Wealth Transfer Taxes in the tax reforms to be implemented 2022 - 25. This webinar will shed light on the concepts of Wealth Tax, inheritance tax, Gift tax and also the Capital Gains Tax that’s already in operation in Sri Lanka. In this webinar, we will discuss the following topics:

What are wealth tax, property tax, Gift tax , inheritance tax & Capital gains tax
How do these taxes work?
Who pays these taxes?
What are the pros and cons of these taxes?

Target audience:

Anyone who is interested in learning more about these taxes

The session will be conducted by KPMG Tax & Regulatory Principal Suresh Perera, KPMG Tax & Regulatory Principal Rifka Ziyard and KPMG Tax & Regulatory Associate Director Radhini Thomas on 23 August 2023 from 2.30 to 4.30 p.m.

For more details and registration please contact Seneli on [email protected] or 077 444 6649