Sri Lanka Institute of Taxation

Profile

In 1992, some of the retired senior officials of the Department of Inland Revenue took the initiative to form the Sri Lanka Institute of Taxation with the objective to produce competent tax professionals and to impart knowledge of taxation to members of the public. A few years later, after formation of the Institute, steps were taken to incorporate it by an Act of Parliament to enable it to pursue its objectives with official sanction. The Bill to incorporate the Sri Lanka Institute of Taxation was passed in Parliament by Act No. 21 of 2000 on 19th June 2000.

The Sri Lanka Institute of Taxation as the only national body of Tax Professionals and the educational body in taxation in the country has taken many responsibilities to produce competent tax consultants to fulfill the demand for professionals in that area of the country.

Governance Structure

The management, control and administration of the Institute vested with the Executive Council consisting of the President, Vice President, Secretary, Treasurer and four members elected by the membership of the Institute and three members are appointed by Hon. Minister of Finance.

On behalf of the Council, Chief Executive Officer of the Institute is responsible for effectively and efficiently managing the Corporation.

The Executive Council for the year 2017/2018:

• Mr. H.M.Premaratne Banda - President

  FTII, MAAT, B.Com (Sp.),Dip in Com, PG. Dip (Bus. Admin), CCTA (California)

• Mr. T.P Ranwatte - Vice President

  ATII, CTA, MAAT

• Mr. V. Rameshkumar - Secretary

  ATII, ACMA (UK)

• Mr. J.N.T.Fernando - Treasurer

  FTII, MBA, FCMA , CIMA (UK)

• Mr. S. Balaratnam

  FTII, ACMA (UK), B.A (Econ) (Peradeniya)

• Dr. J.A. Sivaji Felix

  FTII, LL.B (Hons) (London), LL.B (Hons) (Colombo), PhD. (London), AFSALS (London), Diploma (cum Laude) Institute de Federalism (Fribourg - Suisse)
  Attorney-At-Law

• Mr. D.L.B.C Perera

  ATII, MBA (Sri J.) ACMA (UK), ACCA (UK), ACMA, FMAAT

• Mr. P.R.C Gamage

  ATII, CTA, TCFP

• Mr. Damith Gangodawilage

  Desha Shakthi, Lanka Puthra, Vishwa Abhimani
  FTII, MBA (USQ), HNDA, PGD (BFA), FMAAT, ACPM, AIPFM (UK), Doctaral Candidate in Business Administration (UoK)

• Mrs. M.G.G.T.D.Karunasekara

  ATII, CBA, APFASL

• Mr. M.M.H. Peiris

  ATII, B.Com, CMA