KPMG’s tax default and recovery method webinar tomorrow

The KPMG Sri Lanka Academy is organising a virtual assembly titled ‘Taxes in Default and Recovery Methods: Law and Practical Considerations’, on Tuesday, December 10, 2024, from 10:00 a.m. to 12:00 noon. 

The webinar will provide a comprehensive exploration of tax recovery, focusing on the causes and consequences of defaults while equipping participants with the tools and knowledge necessary to navigate the recovery process effectively.

KPMG Principal Tax and Regulatory Suresh Perera will lead the session with an in-depth presentation on the statutory provisions for addressing the tax defaults. The panel discussion will feature the industry experts, Carson Cumberbatch PLC Director Group Tax Amal Badugoda Hewa and MJF Group/Dilmah Tea Group Finance Director Darshana Gunasekera, who will share their practical insights. KPMG Principal Tax and Regulatory Rifka Ziyard will moderate the session.

This webinar is tailored for key stakeholders, including tax professionals, finance leaders, board members, audit committee members, attorneys-at-law specialising in taxpayer advocacy and the Inland Revenue Department (IRD) personnel.

Registration details: Contact Seneli: 077 444 6649/[email protected] or Lakshika: 077 206 3354/[email protected].

Secure your spot today to stay ahead in managing tax recovery challenges and protecting your business interests.

As the IRD ramps up efforts to recover the taxes in default, businesses face increased risks, including bank account seizures and legal proceedings. These developments highlight the importance of understanding the legal and practical aspects of tax defaults and recovery mechanisms.