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August 4, 2017updated 24 Jan 2022 1:35pm

Inland Revenue new Commissioner in Sri Lanka praises the accountants’ role in tax collection

By sarajuddin isar

Chartered accountants (CA) can bridge gap between tax payers and tax department in Sri Lanka according to the Inland Revenue (IR) new commissioner Ivan Dissanayake during his speech at a ceremony held by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

Dissanayake praised the role of CAs as intermediaries in supporting the government’s efforts to generate revenue required to provide public services such as health care and education which will consequently ensure the community’s wellbeing as a whole.

“As professionals who assist the tax payers understand and comply with their tax obligation, you are the professionals who can bridge the gap between tax payers and the inland revenue and we rely upon you as chartered accountants, because it is you who can encourage voluntary compliance so the leakage of the revenue in the form of tax evasion can be minimized,” he added.

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