Fri, Jan 30, 2015, 10:40 pm SL Time, ColomboPage News Desk, Sri Lanka.Jan 30 (PTI) Sri Lanka's new government has slapped a one-time tax of LKR100 crore (about Rs. 47 crore) on the only sports television channel in the country which is owned by former President Mahinda Rajapaksa's son.
Finance Minister Ravi Karunanayake slapped the tax on Carlton Sports Network, owned by Yoshitha Rajapaksa, saying the sports channel has not paid a single penny to the government, since its inception.
It has been alleged that CSN was favoured by the Rajapaksa regime which awarded it the exclusive broadcast rights of several sports fixtures including cricket.
Cricket broadcast rights had been the monopoly of state TV Rupavahini until the advent of CSN.
The Rajapaksa government had transferred the sports broadcast rights to CSN by a cabinet decision with no open tender or any known competitive bidding process.
more and source: http://ift.tt/1CIjOvl
Finance Minister Ravi Karunanayake slapped the tax on Carlton Sports Network, owned by Yoshitha Rajapaksa, saying the sports channel has not paid a single penny to the government, since its inception.
It has been alleged that CSN was favoured by the Rajapaksa regime which awarded it the exclusive broadcast rights of several sports fixtures including cricket.
Cricket broadcast rights had been the monopoly of state TV Rupavahini until the advent of CSN.
The Rajapaksa government had transferred the sports broadcast rights to CSN by a cabinet decision with no open tender or any known competitive bidding process.
more and source: http://ift.tt/1CIjOvl
Sri Lanka imposes hefty tax on Rajapaksa family-run sports channel
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