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Explore the latest tax tips, updates, and expert advice to help you stay ahead in compliance and financial planning.

Sat 09

Rule of law in taxation: Rightsbefore revenue-Part 1

Taxation is the backbone of a functioning society—but it should never cross the line into oppression. In “Rule of Law in Taxation: Rights before Revenue,” I emphasize that the State’s

Mon 04

Colombo Port City tax holidays renderedineffective by global minimum tax rules

Sri Lanka’s tax incentives, like Colombo Port City’s holidays, risk irrelevance under OECD’s 15% global minimum tax (Pillar Two). Large MNCs’ "top-up taxes" now flow to parent countries (e.g., UK/India),

Mon 03

How to ensure fairertax burden on all

Sri Lanka’s tax system faces critical challenges: 1) Massive revenue leaks ($413M/year per Tax Justice Network) from corporate tax evasion and offshore wealth;

Thu 03

Rewarding one, penalising another:Duplicity of Sri Lanka’s tax system

Sri Lanka faces dual crises in environmental governance and tax policy inconsistency. The recent Diyasaru Park controversy—where a musical event damaged this critical wetland habitat—highlights systemic neglect of biodiversity protection,

Thu 02

Does serving aprison sentenceabsolve a defaulterfrom unpaid taxes?

Sri Lanka confronts two pressing issues that threaten stability: 1) Escalating gang violence linked to drug trafficking and ex-military personnel,

Mon 02

Inefficient State andcorrupt bureaucrats taking taxpayers for a ride

Sri Lanka faces dual crises: escalating gang violence and systemic challenges in its tax regime. Recent brazen killings, including a murder inside a Colombo court, highlight eroding rule of law,

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