earning profits of more than LKR 2 Bn in the tax year 2013/14 as a one
off payment. Approximately 24 companies in the listed space are
expected to be affected by this proposal and the estimated tax
collection from them is around LKR 27 Bn.
Super Gain Tax of 25% on profits is imposed on
companies or individuals earning profits of
more than LKR 2 Bn in the tax year 2013/14 as
a one off payment. The tax will be paid at the
company level.
impacted shares: JKH, COMB, CTC, HNB, DIST, SLTL, DIAL, LIOC,
CARS, SPEN, SAMP, PLC, NEST, SFIN, BUKI, DFCC,
AEL, NDB, CINS, LLUB, OSEA, AHPL, SEYB, NTB