SRI LANKA FOOTWEAR TAX
February 1st, 2003
BY SWINEETHA DIAS WICKRAMANAYAKA, in ColumboANGER has been sparked amongst Sri Lanka's footwear importers by the imposition of a SLRupees 100 (US$1.03) tax on imported pairs of footwear, causing traders to claim they are suffering heavy losses. The secretary of the island's Footwear Importers' Association, Sarath Pathirana, has claimed that when combined with other sales taxes, shoe importers now pay almost SLRupees 200 (US$2.03) in tax per pair. He said with low priced shoes, taxes exceed their cost, wiping out profit margins. The association has called upon the ...
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