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

30 Jan 2015 - {{hitsCtrl.values.hits}}

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

Breaking News

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

Most Popular Articles

Breaking Down the Israel–Iran Conflict: What We Know So Far - Day 108

’’Cut out the noise, focus on your game’’; Sri Lanka great reaches out to Sooryavanshi

Struggling Pizza Hut chain to be sold for $2.7bn

Alleged mastermind behind Rs. 210 Billion illegal Dollar transfer network arrested

Sri Lankan Rupee appreciates further against US Dollar

Mahayaya Vinita Thera no longer a monk, probe underway

Latest News

Work begins on UK’s new £750m supercomputer

BOI Director General Renuka Weerakone retires

Two Indian witnesses to be summoned in Namal’s Krrish deal case

Speaker reaffirms Parliament’s support for National Commission on Women

Rohitha Rajapaksa leaves CCIB after five-hour statement