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Tax
The team at Nithya Partners advises on the full scope of tax work, including income tax, investments, reimbursements and loan loss-related matters. The group has established expertise in representing clients in appeals before the Supreme Court, for example acting for Setmil Developers Lanka in an appeal involving a broad array of tax issues. Practice head Naomal Goonewardena and associate Prashanthi Vignanantha are the key practitioners to note in the department.
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Key clients
- Standard Chartered Bank Ltd
- McLarens Lubricants (Private) Limited
- Setmil Developers Lanka (Pvt) Ltd
- People’s Bank
- People’s Leasing and Finance
- CEI Plastics Limited
- Ceylon Shell Flour (Private) Limited
- Ole Spring Bottlers (Pvt) Ltd
- Acuity Stockbrokers (Pvt) Ltd
Work highlights
- Acted for McLarens Lubricants (Private) Limited in a series of appeals before the Supreme Court concerning whether the supply of lubricants to ships plying in international waters amounts was classified as an ‘export’ under the Inland Revenue Act.
- Representing CEI Plastics Limited in a Supreme Court appeal on a matter under the Inland Revenue Act No.10 of 2006.
- Representing Peoples’ Bank in the Court of Appeal in a matter under the Value Added Tax Act No.14 of 2002.
Lawyers
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Naomal Goonewardena