The National Chamber of Exporters of Sri Lanka will conduct a seminar on Tax, Fiscal, and other issues related to the new Foreign Exchange Act, the New Inland Revenue Act, Budget Proposals for 2018 and the Sri Lanka Singapore Treaty for prevention of Double Taxation which has a bearing on the Free Trade Agreement (FTA) which was signed by the Government of Sri Lanka and Singapore recently. Suresh Perera, Attorney-at-Law, FCMA Principal Tax and Regulatory of KPMG, a Professional on Taxation issues, will make a presentation analyzing the Tax and Fiscal issues related to the above which impacts on, and benefits International Trade particularly in regard to exports. He will also discuss how best exporters could make use of the various provisions in the above Acts and agreements to benefit their export businesses, as well as how they could avoid pitfalls.
Following the main presentation, a panel discussion will be conducted by senior officials of the following organizations to clarify issues and concerns of participants.
Central Bank, Inland Revenue, Customs, Treasury, Export Development Board, and Commerce Department. The seminar will be conducted in partnership with the Hatton National Bank as the main events partner of the chamber.