Indrajit Coomaraswamy, Governor, Central Bank of Sri Lanka: InterviewOBGplus
Interview:Indrajit Coomaraswamy How will the Inland Revenue Act affect the tax structure and foreign direct investment (FDI)? INDRAJIT COOMARASWAMY: The Inland Revenue Act will simplify the tax structure and widen the tax base. It addresses declining government revenue-to-GDP ratios and increases tax progressivity. The introduction of taxpayer identification numbers, and efforts to improve…