Businesses in the Yarmouth area will receive information about taxes from the Canada Revenue Agency and Service Nova Scotia and Municipal Relations officials this week. Through the Community Visit Program, the Canada Revenue Agency and Service Nova Scotia and Municipal Relations officials will visit about 60 businesses in the Yarmouth area on Wednesday, Sept. 26 and Thursday, Sept. 27. The visits will help businesses better understand tax laws and cover topics such as filling out tax forms, filing on time and on-line filing options. There will also be an update on services available from local tax offices. The visits will help individuals and businesses fully comply with tax laws. There will also be discussions on the risks of the underground economy — business activity that goes unreported or under-reported. The underground economy is damaging to the tax system and honest individuals and businesses that live up to their responsibilities by complying with the tax law. Since 1994, the government of Canada and the province of Nova Scotia have worked together to combat the underground economy, tax evasion and smuggling. The Canada Revenue Agency and Service Nova Scotia and Municipal Relations are dedicated to ensuring the public can trust the integrity and equity of the tax system in Canada.
The Special High Court has been established to hear cases on major fraud and corruption. (Colombo Gazette) Indictments were also served against former Sri Lanka Insurance Corporation Managing Director Piyadasa Kudabalage and former Samurdhi Commissioner Neil Bandara Hapuwinna. Indictments have been filed in the first hearing at the Special High Court against former top officials.Among those against who the indictments were filed was former President Mahinda Rajapaksa’s Chief of Staff Gamini Senarath. Gamini Senarath, Piyadasa Kudabalage and Neil Bandara Hapuwinna had earlier been accused of missing public funds by illegally investing Rs.4 billion from the Rs.18.5 billion approved by the Cabinet for a hotel project in 2012.