JVP to go to court against Tax Amnesty Bill

22 July 2021 06:20 am - 7 - {{hitsCtrl.values.hits}}

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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) yesterday said they were planning to go to court against this Bill.

VP MP Sunil Handunneththi told a news conference that this Bill was meant to facilitate ‘government crooks’ to invest their undisclosed earnings in legal means.

He said some ministers claimed that after Basil Rajapaksa took over as Finance Minister, he would provide relief to the people by reducing cost of living and fuel prices.“however, Basil Rajapaksa as the Finance Minster has brought in a Bill for money laundering,” he said.

Handunneththi said this was a move to legitimate money earned through illegal means by paying 1 percent tax to the government. “People can invest this money in share market before December 31. This undisclosed money can be used to purchase property, Treasury Bonds and Bills issued by the Central Bank on behalf of the government. This money can be deposited in banks before December 31. It is true that the Treasury is empty. The government is trying to legitimate illegally and fraudulently earned money by its crooks hiding behind this economic crisis,” he said.

He said the most serious aspect of this Bill is that people who had evaded payment of income tax payable to the government cannot be disclosed even through the Right to Information Act.“people have a right to know about those who have defrauded tax money. We hope to go to court against this Bill,” he said.(Ajith Siriwardana)

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Comments - 7

Sokrates Thursday, 22 July 2021 08:43 AM

Do it. It wouldn't be the first Mafia bosses to go to jail for tax evasion like Al Capone.

Joshua Thursday, 22 July 2021 08:54 AM

These tax amnesties are given in many countries. There is nothing wrong with it. But how it is administered is the question. It has to be done properly so that anybody can come out with their wealth. But in SL perspective, the motive can be politically juiced up to get SLPP goons to bring their monies to SL.

ravin Thursday, 22 July 2021 08:58 AM

You think it is aimed to grant relief for businesses ? It is the way to legalized siphoned out money by nefarious activities of various quarters .

Dhusana and Wanchawa. Thursday, 22 July 2021 09:10 AM

People are unaware that there are crooks who have amassed wealth illegally.Far from unearthing these crooks, is the Govt is trying to legitimise them?

Jude Thursday, 22 July 2021 09:20 AM

Hello Sunil, businessmen fund politicians to get elected, remember politicians don't spend their own money to get elected!! once they get elected they return the favour ! That's how democratic election process work worldover !!

Peacemaker Thursday, 22 July 2021 09:21 AM

Even the non-6.9 million didn’t think that rajapaksas will go this far to destroy the country

Leo Thursday, 22 July 2021 10:23 AM

The Rajapakses are above the law. So going to courts is a waste of time.

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JVP to go to court against Tax Amnesty Bill

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