Tax concessions for casinos: food items taxed twice, says Harsha

Tax concessions for casinos: food items taxed twice, says Harsha

Written by Bella Dalima

10 Dec, 2013 | 8:40 pm

United National Party Parliamentarian Dr. Harsha de Silva charges that taxes are being imposed on food items while tax concessions are granted to casinos through the 2014 budget.

Speaking at a seminar for trade union representatives on the 2014 budget, Dr. Harsha de Silva pointed out that tax concessions are granted for casinos that are currently in operation.

UNP Parliamentarian, Dr. Harsha de Silva expressed these views;

“A new law is being introduced this year to remove the VAT of 12 percent and the Nation Building Tax of 2 percent and instead impose a 5 percent casino tax. However, the 5 percent tax is imposed by removing the 14 percent tax.”

He added; “Thereby, casino owners will receive a 9 percent tax concession. The government provides tax concessions to casino owners. The most unfair tax is the tax imposed on food items in the country. In order to increase taxes they follow two main methods of taxation.”

“One is the tax on food items and second is the tax on retail and wholesale outlets. When the traders at Fort start paying the VAT, even small shops will start charging it from the consumer from the first of January and thereby taxes will be imposed twice on food items,” said Parliamentarian, Dr. Harsha de Silva.

Dr. Harsha de Silva also responded to a query made on whether he will contest for the position of Chief Minister of the Western Province;

“I engage in national politics and I believe my services are required in Parliament; We will have the opportunity to put forth a suitable male or female candidate from the opposition politics in order to uplift the country.”

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