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CIMA Directors’ Tax Forum 2017

Speaker: Suresh R. I. Perera

Category: LOCAL EVENT

The tax system in Sri Lanka is undergoing a major overhaul in the form of the introduction of a new Inland Revenue Act. Within organisations, Directors carry the responsibility of managing the effective tax rate of a company. The Directors have to be mindful in identifying opportunities and pitfalls inherent to the transition in the income tax regime. Further, Corporate Tax Governance is an essential element of the role of a Director. Failure for due compliance attracts reputation risk for the company and exposure for Directors’ liability. This forum will provide guidance on how to manage the important role of a Director in the context of the complex tax system in Sri Lanka.

Course content 

1

Tax governance and the role of the Board of Directors and Audit Committee in tax governance. The essentials in navigating a company in an era of uncertainty including tax risk management measures.

2

Requisite tax knowledge for discharging a role of a director in a nutshell encompassing direct, indirect and import taxes applicable in Sri Lanka.  

3

The opportunities and pitfalls stemming from the new Inland Revenue Bill.

4

Directors’ personal tax liability including tax planning tips (personal taxes of Directors’ including fee, allowances, other benefits, etc. and taxation on terminal benefits).

5

Local and global tax developments of relevance. 

Fees

  • CIMA Members Rs 11,000
  • Non Members Rs 13,000
Date 15 August 2017 
Time 9.30am to 3.30pm 
Venue Mövenpick Hotel, 24 Dharmapala Mawatha, Colombo 03

Download the registration form here.

Speaker

Suresh R. I. Perera is the Principal – Tax & Regulatory at KPMG Sri Lanka

Registrations

Email the completed registration form to mastercourses.srilanka@aicpa-cima.com

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