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    HomeLocal NewsHaving a Tax Number does not Make You Subject to Taxes

    Having a Tax Number does not Make You Subject to Taxes

    Acting Inland Revenue Commissioner General Upul Jayawardena says that just because a person has obtained a tax number, the concerned person is not subject to income tax.

    He stated that it is mandatory by law to present the Taxpayer Identification Number when opening a current account, approving plans for a new building, registering a motor vehicle and purchasing a land and submitting it for registration.

    The Acting Inland Revenue Commissioner further said that the effective date of the proposal will be discussed with the Ministry of Finance and decided in the future.

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