COLOMBO “ KPMG ACADEMY has organized the 37th Friday Mid Afternoon Chat on the 9th June (webinar) where the topic would be “Tax & Interest”.
Ms. Hasna Hasan, Director & Ms. Radhini Thomas, Associate Director will be joining with Suresh R. I. Perera, Principal to dissect income tax, financial VAT, Social Security Contribution Levy provisions impacting “interest”.
Issues such as interest income received by holding companies & financial Institutions, rules & limitations with regard to tax deductibility of interest income, WHT on interest, impact from double tax treaties on inbound & outbound interest , timing of recognition of interest for tax, decided case law on interest are some of the points that the discussion will focus on in addition to the definition & scope of the term “interest”. In addition applicability of Financial VAT on Interest will also be discussed.
For registrations and inquiries contact Seneli at 0774446649 or sjayatunge1@kpmg.com