{"id":119786,"date":"2023-08-19T16:41:30","date_gmt":"2023-08-19T16:41:30","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=119786"},"modified":"2023-08-19T16:43:23","modified_gmt":"2023-08-19T16:43:23","slug":"many-companies-do-not-pay-taxes-by-sunil-thenabadu","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/many-companies-do-not-pay-taxes-by-sunil-thenabadu\/","title":{"rendered":"MANY COMPANIES DO NOT PAY TAXES &#8211; By Sunil Thenabadu"},"content":{"rendered":"<h2 style=\"text-align: center;\"><span style=\"color: #800000;\"><strong>MANY COMPANIES DO NOT PAY TAXES &#8211; <span style=\"color: #800080;\">By Sunil Thenabadu<\/span><\/strong><\/span><\/h2>\n<div id=\"loop-meta\" class=\" loop-meta-wrap pageheader-bg-both\">\n<div class=\"hgrid\">\n<div class=\" loop-meta hgrid-span-12\">\n<div class=\"entry-header\">\n<h3 class=\" loop-title\"><strong><span style=\"color: #800000;\">Nearly 90,000 companies don\u2019t pay taxes<\/span><\/strong><\/h3>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-119787 aligncenter\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2023\/08\/taxes-eLanka.png\" alt=\"taxes - eLanka\" width=\"600\" height=\"400\" \/><\/p>\n<p><span style=\"font-size: 16px; color: #000000;\">Source :\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.info-rain.com\/many-companies-do-not-pay-taxes\/\" target=\"_blank\" rel=\"noopener\">info-rain<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-104258 size-thumbnail alignleft\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/11\/Sunil-Thenabadu-411x400-1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><span style=\"font-size: 16px; color: #000000;\">Nearly 90,0000 companies in Sri Lanka do not pay taxes, the Sectoral Oversight Committee on National Economic and Physical Planning revealed.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Chairman of the Committee MP Mahindananda Aluthgamage stated that from a total of 105,000 companies in Sri Lanka, only 15,000 fulfil their tax obligations.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Stating that there were 295,000 personal tax files in 2022, he stated that in 2023, this further decreased to 204,000 files.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u201cSurprisingly, a mere 29,000 individuals among the populace contribute a solitary rupee to the nation\u2019s tax resources through their personal files. On the corporate front, our country hosts 105,000 companies, but merely 15,000 of them fulfil their tax obligations,\u201d he said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">MP Aluthgamage further said that these concerning statistics reveal significant complications within the nation\u2019s tax collection framework.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u201cIn a bid to fortify Sri Lanka\u2019s fiscal stability and streamline revenue collection by enhancing the state tax mechanism, necessary measures have been initiated to promptly amend the Inland Revenue Ordinance,\u201d he added.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">He made the remarks while addressing a media briefing held at the Presidential Secretariat yesterday (Aug.17).\u00a0<b>(Newswire)<\/b><\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.info-rain.com\/many-companies-do-not-pay-taxes\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-119787 size-full\" src=\"https:\/\/www.newswire.lk\/wp-content\/uploads\/2023\/08\/Aluthgamage-1.jpg\" alt=\"taxes - eLanka\" width=\"600\" height=\"400\" \/><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANY COMPANIES DO NOT PAY TAXES &#8211; By Sunil Thenabadu Nearly 90,000 companies don\u2019t pay taxes Source :\u00a0info-rain Nearly 90,0000 companies in Sri Lanka do not pay taxes, the Sectoral Oversight Committee on National Economic and Physical Planning revealed. Chairman of the Committee MP Mahindananda Aluthgamage stated that from a total of 105,000 companies in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":119787,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20,37869],"tags":[27505,687,37737,54892,54891],"class_list":{"0":"post-119786","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"category-sunil-thenabadu","9":"tag-mahindananda-aluthgamage","10":"tag-sri-lanka","11":"tag-sunil-thenabadu","12":"tag-taxes","13":"tag-taxes-elanka","14":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MANY COMPANIES DO NOT PAY TAXES - By Sunil Thenabadu - eLanka<\/title>\n<meta name=\"description\" content=\"Nearly 90,000 companies don\u2019t pay taxes Nearly 90,0000 companies in Sri Lanka do not pay taxes, the Sectoral Oversight Committee on\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MANY COMPANIES DO NOT PAY TAXES - By Sunil Thenabadu\" \/>\n<meta property=\"og:description\" content=\"Nearly 90,000 companies don\u2019t pay taxes Nearly 90,0000 companies in Sri Lanka do not pay taxes, the Sectoral Oversight Committee on\" \/>\n<meta property=\"og:url\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/many-companies-do-not-pay-taxes-by-sunil-thenabadu\/\" \/>\n<meta property=\"og:site_name\" content=\"eLanka\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eLanka.com.au\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-19T16:41:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-19T16:43:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2023\/08\/taxes-eLanka.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"eLanka admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"eLanka admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/many-companies-do-not-pay-taxes-by-sunil-thenabadu\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/many-companies-do-not-pay-taxes-by-sunil-thenabadu\/\"},\"author\":{\"name\":\"eLanka admin\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd\"},\"headline\":\"MANY COMPANIES DO NOT PAY TAXES &#8211; 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