Audio: We’ll not tax owners of old houses: Harsha

30 January 2015 08:22 am

Policy Planning and Economic Development Deputy Minister Harsha De Silva said today the Mansion Tax would not apply to owners of old houses which they had inherited but on the rich who had built huge mansions without any paying any taxes to the Government.


“This is not meant to tax owners ofold houses they had inherited. It is a means of obtaining funds from those who have built huge mansions without paying taxes owed by them to the Treasury,” he said.


He said they would work out a system on how best to implement this tax and who should or should not be exempted from it.


“We will not impose this tax unfairly on those who have inherited the ownership of the houses from their ancestors,” Dr. de Silva said.



AUDIO