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Sri Lanka Equity Forum » Stock Market News » Inland Revenue says 468 companies comply with Super Gain Tax

Inland Revenue says 468 companies comply with Super Gain Tax

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Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
The Inland Revenue Department (IRD) yesterday said that 468 companies have complied with the Super Gain Tax (SGT) imposition and Rs. 18 billion paid via the first instalment by end October. The IRD disclosure of the actual figures upon Daily FT inquiry comes after Finance Minister Ravi Karunanayake on Wednesday said only 22 companies were paying the controversial and widely-criticised retrospective SGT. The large number is inclusive of subsidiary companies and banks. 

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