The progress of the Bill on Imposition the Tax on Voluntary Disclosure & Provisions to Write off Tax Arrears under Certain Laws (25.07.2021)

  • Claiming that the proposed ‘Tax Amnesty Bill’ was aiming to facilitate crooked businessmen loyal to the Government to legitimate money amassed through illegal channels, the Janatha Vimukthi Peramuna (JVP)  said they were planning to go to court against this Bill (22.07.2021)-Refer https://bit.ly/JVP_Petition
  • Main Opposition Samagi Jana Balawegaya (SJB) Parliamentarian Eran Wickramaratne  filed a petition on 22.07.2021 in the Supreme Court challenging the constitutionality of the Finance bill which seeks to authorise tax amnesties and write-offs default taxes.-Refer https://bit.ly/SJB_Petition

Download the Bill : https://bit.ly/Amnesty_Bill

Article credit to Daily FT /Daily Mirror 

Await for more updates..