Eran to speak at CCC seminar on new Inland Revenue Act

The Ceylon Chamber of Commerce (CCC) will hold a seminar on the newly passed Inland Revenue Act today, which will be addressed by Finance State Minister Eran Wickramaratne.

Wickramaratne, who will be the keynote speaker, is expected to explain to the audience the rationale for the new tax bill, overall tax reforms agenda and the government’s plans for fiscal consolidation and economic growth.

Wickramaratne’s address would be followed by presentations by Ernst & Young Partner Sulaiman Nisthar and KPMG Tax Partner Shamila Jayasekera.

The duo will later join in for a panel discussion, which will also include Finance Ministry Deputy Secretary S.R. Attygalle, Inland Revenue Department Commissioner General Ivan Dissananayake and Finance Ministry Tax Policy Advisor Thanuja Perera.

CCC Taxation Steering Committee Chairman Duminda Hulangamuwa will moderate the discussion, while the welcome address would be delivered by CCC Chief Economist Anushka Wijesinha.

The seminar, which will be held at the CCC, starting at 2:00 p.m., will help the private sector to gain a clear understanding of the income tax implications of the 
new act.

Those who wish to take part in this seminar may call 115588877 or email sriyani@chamber.lk.