Sri Lankan tax payers are fighting shy of official recognition as good tax payers. Sri Lankan tax payers are fighting shy of official recognition as good tax payers. In May this year the government offered to officially recognise ‘good tax payers’ to coax more taxes out of Sri Lanka’s unusually tax averse population.
“We announced that good tax payers will be given gold and silver cards, but there is not much response,” said the Secretary to the Treasury, P B Jayasundara, on Tuesday, at a seminar on revenue administration reforms organised by the Inland Revenue department.
Only 63 tax payers, out of a list of 600,000, applied for the preference cards.
Local residents paying over Rs 1 mn in taxes qualify for a gold card while half that amount gives a silver card.
The cards guarantee special treatment from key government bodies like Customs, Police and the airport.
As over 80 percent of the Inland Revenues tax collection is generated by the large tax payer unit (LTU), there should be enough takers.
But not even a guarantee of less hassle a