News
 

Pay taxes or forego properties: CMC
By Vanessa Sridharan
On top of the prevailing garbage crisis, the Colombo Municipal Council (CMC) is facing an additional financial crisis caused by tax defaulters, which could worsen its day to day performance.

The CMC plans to auction 818 properties within the Metropolitan area belonging to those who have defaulted in their taxes to the tune of around Rs. 250 million.

“It’s a big problem. Most of the properties belong to private companies. For the last three years the Municipal Council is in debt for Rs. 250 million because some of the companies and sections of the public are not paying their monthly taxes,” Deputy Mayor M. Azath. S. Salley said.

The CMC is to take action by acquiring the land of those who had been avoiding tax payments for the last three years and auctioning them if the arrears exceed over Rs.100,000.

“Businesses and residents have avoided paying taxes to the Municipality. Unless they pay their dues we will acquire their land and auction it,” Municipal Commissioner Dr. Jayantha Liyanage told The Sunday Times.

Dr. Liyanage further said that Municipal authorities had already sent notices regarding the auctioning of these properties to the Government Printer to be Gazetted.

‘Taxpayers keep ignoring reminders even after “Red Notices’ are sent to them. It is after the warnings of auctions that they pay the dues,” Dr. Liyanage added.

The Commissioner said that a 10 per cent surcharge would be added for overdue payments. The CMC has put all development projects and services on hold because of this financial burden causing even the regular rate payers to suffer.

Top  Back to News  

Copyright © 2001 Wijeya Newspapers Ltd. All rights reserved.