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Sunday, 5 October 2014

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Dicussion on role of taxes

An eminent panel will discuss the role of taxation in economic development at the CIMA: Directors and CEOs forum at the Hilton Colombo Residencies on October 16 from 2-5 pm.


Presenter Suresh
R. I. Perera

Deputy Minister of Investment Promotion, Faizer Mustapha will deliver the keynote address.

The presentation focusing on key thought areas would be delivered by Principal - Tax and Regulatory, KPMG, Suresh R.I. Perera, followed by a panel discussion with corporate leaders.

The panel discussion will be moderated by the Chief Financial Officer, Brandix Lanka Ltd, Hasitha Premaratne.

The panel will consist of Kabir Hashim, MP, Secretary General and CEO, Ceylon Chamber of Commerce, Mangala P.B. Yapa, Chairman and CEO, Access Group, Sumal Perera, Economist Dr. Anura Ekanayake and Suresh R.I. Perera.

The areas of discussion will include, tax strategy for development - are we on the right path? Direct tax vs indirect taxes - what is the way forward; Tax administration and the road to a new tax culture.

The tax policy of a country is paramount on its path to economic development. Taxes play a vital part in the reduction of inequity in the distribution of income, promotes social welfare, resource mobilisation, regional development and attracts foreign exchange.

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