Abstract:
Tax payer plays a major role in the economy. The main purpose of this
research was to identify taxpayer’s perception of current tax practices in Sri
Lanka. The taxpayer perception is one of the most powerful variables affected
for the current practice of taxation in Sri Lanka. Taxpayer’s perception is one
of the sources of making decisions about the current practice of taxation in Sri
Lanka. It is with the help of taxpayer’s perception that the current practice of
taxation in Sri Lanka can be reviewed more clearly and decisions made from
such reviews. In Sri Lanka there are some population groups. We can
categorize them as religion, age and race. These different population groups
may have differing perceptions about current tax practices in Sri Lanka. Tax
payer’s perception is also may depends on some economic factors of the
business such as number of years, monthly income of the business and etc.
Other factors are taxpayer’s knowledge about taxation and taxpayer’s
behavior and attitudes. This research was attempted to review current practice
of taxation in Sri Lanka; a research of taxpayer perception by using the
questionnaire, given to businessman’s in Colombo district. This research will
help to the Department of Inland Revenue to identify taxpayer perception
about current tax practices in Sri Lanka. Then Department of Inland Revenue
can get future decisions about future tax practices in Sri Lanka.
