📊 Shocking Tax Compliance Numbers 🇱🇰

Inaugurating ‘National Tax Week,’ President Anura Kumara Dissanayake revealed critical shortfalls in Sri Lanka’s tax compliance.

⭕ Only 43% of registered companies have submitted tax returns

⭕ Compliance rate among partnerships at 46%

⭕ Only 23% of individuals liable for income tax have filed returns

⭕ Just 18% of those liable for PAYE tax have submitted their returns

⭕HE Blames root cause on public criticism of how past administrations misused tax revenue.

#SriLanka 🇱🇰