Over 2400 Defaulters

  • CMC to auction property over tax default

By Indika Sri Aravinda

The Colombo Municipal Council (CMC) is to auction over 2,400 properties in Colombo where owners have failed to pay taxes for more than 20 years.

This is the highest number of tax defaulters identified by the CMC in recent times, Colombo Municipal Council (CMC) Treasurer K.D. Chitrapala said. In January this year the CMC had auctioned 260 properties over tax default and this included land and buildings in Pettah, Malwatte Road and Fort. However now another 2,400 property owners have been found to be at fault and among them are owners of private buildings and institutions.

CMC Commissioner Badrani Jayawardena has been given the list of the properties to be auctioned for her approval, Chitrapala told The Sunday Leader.

He said that owners of the properties to be auctioned owe well over Rs 100,000 to the CMC in taxes.
The decision to auction the property is to be gazetted in July after which newspaper advertisements will be published regarding the same, Chitrapala said. He said that while fines for the delay to pay the taxes had been collected from the property owners the capital still remains to be paid.

The CMC expects to collect Rs 700 million from the auction, Chitrapala further added.

2 Comments for “Over 2400 Defaulters”

  1. Mohamed

    I am sure most of these properties are belongs to Muslims or Tamils

    • Sudu Malli

      Sure… Because Muslims and Tamils alone hold 80% of businesses in CMC limits… What’s your point?

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