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More Taxes for Private Sector for Govt Sector to enjoy..

SL needs cuts in tax exemptions: IMF :::DailyFT - Be Empowered: “Tax policy reforms cannot be implemented in a vacuum, thus the Government needs to bring in the corporate community to assure acceptability as well as the capability for new revenue systems. It also means breaking away from the past,” she reiterated.�

Given Sri Lanka is at a critical transition point with rejuvenated democracy and peace, with best quality infrastructure in South Asia, and an educated labour force, Kvintradze stressed that the country has everything to support a fast growing private sector development.�

She said liberalising the business environment is an important catalyst for private sector led growth, which again goes back to discussion of tax policy reforms. However, having predictable, fair tax systems is essential for both local and foreign investments. “Having those in place will remove the investment uncertainties about Sri Lanka.”
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