In their article Port City Bill Red Flags: Experts Warn Of Economic Zone Will Be Black Money Tax Haven, Parallel Govt In Lanka, the Colombo Telegraph writes about taxation experts and economists sounding the alarm about the proposed tax-free regime for the Colombo Port City in Sri Lanka.
The ICTD’s Professor Mick Moore OBE has been featured, which cites his viewpoint that global experience had proved sweeping tax exemptions do not attract foreign investors, who are far more attracted by the reliability of a tax structure, rather than exceptions that can be removed at the stroke of a pen.