KPMG webinar on ‘Port City Act: An in-depth analysis’ on 6 August Source:-www.ft.lk The KPMG Academy will present the 23rd virtual session of the ‘Friday Mid-Afternoon Chat’ series on 6 August at 3 p.m. This session will have KPMG experts deliberate on ‘Port City Act: An in-depth analysis (including tax ramifications on distinct scenarios)’. The Colombo Port City Economic Commission Act, No. 11 of 2021 was certified on 27 May. The enactment of the Port city Act with exemptions from statutes listed in ‘Schedule III’ and  scope for exemptions to be granted (within a set framework)  from the Statutes in ‘Schedule II’ of the Act has many permutations and combinations for prospective investors, residents, and other stake holders. This webinar will analyse these interesting aspects. An in-depth understanding of the key provisions of the Act is of utmost importance for decision makers to strategise the future path of their respective ...

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