Major tea export company in SL has been evading taxes: Govt. MP reveals
Posted on September 10th, 2022
Courtesy The Daily Mirror
A major tea export company in Sri Lanka has been evading taxes worth US dollars 300 million every year, a government MP told Parliament yesterday.
MP Mahindananda Aluthgamage who made this disclosure in Parliament added that none of the companies who run supermarket chains does not pay a single cent as taxes.
“There is also a popular clothing store which has 48 outlets islandwide that also does not pay a single cent and a major apparel company which earns Rs 700 million annually but evades paying taxes.
Coming up with another staggering disclosure, he said a certain senior officer who earns Rs 1.4 million in a state bank and his taxes are paid by the bank itself.
“A total amount or 3 billion could be earned as taxes if the Inland Revenue
Department is properly regulated,” he said.
Also, he proposed opening up fresh tax files for all 225 MPs so that those who evade paying taxes could be found out. (Yohan Perera and Ajith Siriwardana)