Eminent lawyer Dr. K. Kanag-Isvaran to deliver CA Sri Lanka’s 22nd Annual Tax Oration
Eminent lawyer and President’s Counsel Dr. Kanaganayagam Kanag-Isvaran, will deliver the 22nd Annual Oration on Taxation organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on 06th February 2019 at the CA Sri Lanka Auditorium on ‘The tax collector and the rights of the taxed’.
At the oration, Dr. Kanag-Isvaran is expected to address the Constitutional provisions with regard to taxes, the correlation between the fundamental right equality before the law and tax policy and retrospective tax laws. He will also elaborate on rules of natural justice, right to invoke writs, appellate procedure with a special focus on the recently enacted Inland Revenue Act. In addition, the oration will also focus on the scope for a tax ombudsman, the liability of the directors’ with regard to taxes of the company, rights of the tax payer against recovery action by the Commissioner General of Inland Revenue (CGIR), the right to receive interest from the CGIR, etc.
His oration will navigate through the new Appellate Procedure set out in the Inland Revenue Act No: 24 of 2017 and emphasize on the key changes in the law in this regard.
Dr. Kanag-Isvaran, is a President’s Counsel, having taken Silk in January 1988. He is a Barrister-at-Law of Lincoln’s Inn (1964), a Graduate in Law from the University of London (1965) and an Advocate of the Supreme Court of Sri Lanka (1966). He was conferred the Degree of Doctor of Laws – LLD (Honoris Causa) by the University of Colombo at its Convocation in November 2017.
He has, on the 28th of July last year, completed 52 years of active practice at the Sri Lankan Bar. He has an extensive practice on the civil side in both the original and appellate courts and specializes in several areas of law including, Corporate Law, Intellectual Property Law, Banking and Finance, Shipping and Admiralty, Telecommunication, I.T., and International Commercial Arbitration.
The Annual Tax Oration of CA Sri Lanka is a much awaited event in the institute’s calendar and attracts a large number of professionals, including high-level tax officials from the public sector, and members of CA Sri Lanka. The Medallion to the orator of this event as in all previous events is sponsored by Mr. Esmond Satarasinghe, a founding member of CA Sri Lanka.
