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» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyYesterday at 8:39 pm by nihal123

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyYesterday at 2:57 pm by nihal123

» Gota's Era
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyYesterday at 10:44 am by yellow knife

» In the Meantime, Within Our Shores !
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyYesterday at 10:17 am by කිත්සිරි ද සිල්වා

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyMon Jan 20, 2020 9:29 pm by nihal123

» Obituary Notice.
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Jan 14, 2020 4:14 pm by ipo

» LOLC Holdings
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyMon Jan 13, 2020 6:04 pm by smallville

» SEYB.N0000 (Seylan Bank PLC)
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptySun Jan 12, 2020 10:06 pm by subash

» Happy Birthday
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptySun Jan 12, 2020 9:16 pm by lanka

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyFri Jan 10, 2020 9:42 am by කිත්සිරි ද සිල්වා

» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Jan 09, 2020 5:40 pm by subash

» Browns Investments update
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Jan 09, 2020 10:42 am by The Invisible

» Tokyo Cement
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 08, 2020 10:48 pm by The Invisible

» Lanka Tiles
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 08, 2020 10:44 pm by The Invisible

» RCL - Royal Ceramics
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 08, 2020 10:39 pm by The Invisible

» AEL Access Engineering
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 08, 2020 10:30 pm by The Invisible

» Sri Lanka central bank to develop a cost-based rate to price loans
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 08, 2020 10:21 pm by The Invisible

» Dialog Finance
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 08, 2020 10:19 pm by The Invisible

» LIOC.N0000 (Lanka IOC PLC)
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 08, 2020 4:32 pm by LSE

» Tourism Sector
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Jan 07, 2020 2:05 pm by nihal123

» Expolanka
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Jan 07, 2020 1:18 am by Afourer

» Cartoon Today
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

» කොළඹ කොටස් හුවමාරුවෙහි නවතම ජංගම දුරකථන යෙදුම
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptySat Jan 04, 2020 7:36 pm by spw19721

» ඉරානයට කළ ප්‍රහාරයෙන් පසු යුරෝපයේ කොටස් වෙළඳපොළ රැසක් පහළ වැටෙයි
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptySat Jan 04, 2020 1:30 pm by nihal123

» VAT අදාළ නැති කට්ටිය මෙන්න. 50,000 ක ලැයිස්තුවක්
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 01, 2020 7:48 pm by Rana

» Thread for News on CSE and SL Economy
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 01, 2020 7:42 pm by nihal123

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

» Sri Lanka’s Cargills, Sampath, DFCC Bank says met lending rate ceilings
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Dividend Announcement
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 01, 2020 1:16 pm by smallville

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Jan 01, 2020 9:29 am by The Invisible

» People’s Bank, Sampath, and DFCC face penalties
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Dec 31, 2019 6:33 pm by nihal123

» NDB.N0000 (National Development Bank PLC)
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Dec 31, 2019 1:55 am by Trend

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Dec 10, 2019 5:23 pm by Backstage

» තැරැව්කාර සමාගමකට එරෙහිව කොටස් වෙළෙඳපොළ විනය ක්‍රියාමාර්ග ගනී
Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 EmptyTue Dec 10, 2019 12:31 pm by Rana

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Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015

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Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015 Empty Retrospective Super Gain Tax is illegal and unethical - Ada Derana - Wada pitiya 04/02/2015

Post by Future123 on Thu Feb 05, 2015 9:01 pm

http://www.col3hd.com/watch.php?id=32984

Please watch Ada Derana Wada pitiya about discussions on interim budget proposals by representative from Chamber of Commerce, Professors and key business professionals.

The government finances over 50% of the shortfall out of this super gain tax targeting only a few companies. Key points:

1) Retrospective taxing is unethical and illegal. No government has done such a cheap thing before
2) This give wrong signals to foreign investors. They will hesitate to invest in Sri Lanka due to unpredictable huge taxes
3) Companies can't plan and work as per their annual budget
4) Ravi Karunanayake indicated several times during his budget speech that they target big companies who has ill-gotten money. How can he make such a statement. Our banks and blue chips have best controls. This is creating bad image about the blue chips who create lots of jobs and who pay highest taxes.
5) Ravi Karunanayake thinks making profit is bad and companies should not make big profits and expand.

Future123
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