Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsRecovery of wealth tax from trustees
| 37. Where the property subject to a trust or deemed under subsection (2) of section 30 to be subject to a trust or any part of that property is included under this Act in the wealth of a person who is, or is deemed under subsection (2) of section 30 to be, a beneficiary under that trust such part of the wealth tax payable by that beneficiary as appears to the Commissioner to be attributable to that property or that part of that property shall, if it cannot be recovered from that beneficiary or if the income from that property or from that part of that property is not paid to that beneficiary and is accumulated by the trustee of that trust for the benefit of that beneficiary, be recovered from that trustee notwithstanding that no assessment has been made upon that trustee, and the provisions of this Act as to collection and recovery of the wealth tax shall apply accordingly. |