904 gaming and betting businesses have tax files

Thursday, 13 November 2014 00:00 -     - {{hitsCtrl.values.hits}}

By Ashwin Hemmathagama Our Lobby Correspondent The Ministry of Finance yesterday confirmed in Parliament that a total of 904 individuals and institutions have opened tax files based on the gaming businesses they are conducting in the country. Responding to a question for oral answer raised by Opposition lawmaker Dr. Harsha de Silva, the Ministry issued a statement confirming a special licence to operate gaming is “not required” in Sri Lanka and falling in line with the Inland Revenue Act was adequate. However, stating the Inland Revenue restrictions on disclosure, the Ministry declined to reveal the name of the individuals and institutions engaged in betting-related activities.