US Edition“Software Tax” Loophole? – BYD ATTO 3 Vehicles Held at Hambantota Amid Allegations of Tax Manipulation via Motor Power Downgrades - LNW Lanka News Web
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“Software Tax” Loophole? – BYD ATTO 3 Vehicles Held at Hambantota Amid Allegations of Tax Manipulation via Motor Power Downgrades - LNW Lanka News Web
By: A Special Correspondent July 31, Colombo (LNW): In a developing controversy with potentially far-reaching fiscal implications, approximately 1,100 units of the BYD ATTO 3 electric vehicle remain detained by Sri Lanka Customs at Hambantota Port, amid allegations of tax evasion through software-based motor capacity manipulation. The matter has caught the attention of the Committee on Public Finance (CoPF) and ignited significant media and publ…
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