Land Tax Act, No. 27 Of 1961
Access details of Land Tax Act, No. 27 Of 1961 . Get access to the full amendment history, summary, English, Sinhala, Tamil PDFs and the consolidated act (if applicable)
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Summary of Land Tax Act, No. 27 Of 1961
The Land Tax Act establishes a framework for levying a tax on land ownership in Ceylon, effective from April 1, 1960. The Act outlines exemptions for certain individuals and entities, including those specified in the Personal Tax Act and others exempted by the Minister of Finance. The tax is imposed on landowners based on the extent of their land, with specific thresholds determining liability, such as a minimum of one hundred acres to be subject to tax. The legislation also includes provisions...
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Land Tax Act, No. 27 Of 1961. English, Sinhala and Tamil PDFs.
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