Sushma asks OfERR for list of Lankans in Tamil Nadu

The issue was discussed during a meeting that the Minister had with S.C. Chandrahasan, treasurer, OfERR (Ceylon) along with S. Sooriyakumary, president. “We have made it clear to them that the return has to be voluntary. There should be no compulsion,” he added.Approximately, one lakh Sri Lankan Tamil refugees are living in Tamil Nadu. When asked about Mr Chandrahasan’s observations that the Indian government was willing to provide ships for repatriation of the refugees, Mr. Swarup replied that for such help to be rendered, there must first be a shipload of people willing to return. India’s External Affairs Minister Sushma Swaraj has asked the Organisation for Eelam Refugees Rehabilitation (OfERR), a not for profit organisation having offices in Chennai and Colombo, to ascertain how many Sri Lankan Tamil refugees in India, especially in Tamil Nadu, are willing to return to Sri Lanka voluntarily.“If they [OfERR] give us a list of such persons, we can consider how we can help [in ensuring the transportation of people],” Vikas Swarup, spokesperson of the External Affairs Ministry, told The Hindu. According to Mr Chandrahasan, the return of a large number of refugees will take place only if ships or ferry services are operated, The Hindu newspaper reported.In the present arrangement of air travel, there are basically two disadvantages. One, the stipulation on the quantity of baggage.Even though the baggage allowance has been increased to 60 kg per person in respect of returning refugees, this will not be adequate as many persons have been living in Tamil Nadu for a number of years and their belongings cannot be reduced to that quantity. Two, if the ships or ferry services are resumed, the refugees will find it easier to return to their places of origin which are predominantly in the Northern Province. For example, if the refugees are able to reach Kankesanthurai through ships or ferry services, they can very quickly get back to their places. Otherwise, Talaimannar and Trincomalee are the two places where they can disembark, he points out.At present, by air, those who want to come back will have to reach Colombo first before leaving for their destinations in the Northern or the Eastern province.On Tuesday, 43 refugees, including 19 women, are coming back from Tamil Nadu and will leave for places such as Vavuniya, Mullativu and Killinochchi. Harim Peiris, chairman of the Resettlement Authority in the Sri Lankan government, favours the idea of a task force, consisting of representatives of the two countries, to enable expeditious voluntary repatriation of the refugees.R. Sampanthan, Tamil National Alliance chief, who also discussed the issue of the return of refugees with Ms. Swaraj, says that only the resolution of the Tamil question will facilitate the return of the refugees in a big way. (Colombo Gazette) read more

Chevron loses appeal against 260 million Australia tax bill

CANBERRA, Australia – An Australian subsidiary of U.S. energy giant Chevron Corp. lost a court appeal on Friday against a 340 million Australian dollar ($260 million) tax bill in a ruling with ramification for how multinational corporations transfer money.Three judges of the Australian Federal Court unanimously rejected Chevron Australia’s appeal against tax assessments for five years ending in 2008.The court found the company had reduced its Australian tax cost through 9 per cent tax-deductible interest payments on a $2.5 billion loan from U.S.-based subsidiary Chevron Texaco Funding Corp., which had borrowed the money at a lower rate.The Australian Taxation Office welcomed the ruling which it said has direct implications for other cases the office is pursuing regarding loans within multinational corporations.Australia has some of the world’s toughest rules to ensure it collects the correct amount of tax on profits made in the country, said Treasurer Scott Morrison.Chevron said it was disappointed and might appeal to the High Court of Australia.“As recognized by the trial court in the dispute, the financing is a legitimate business arrangement and the parties differ only in their assessments of the appropriate interest rate to apply,” a Chevron statement said.Grant Wardell-Johnson, a tax partner at KPMG, described the ruling as a “critical case.”“This is a substantial win for the (Australian Taxation) Commissioner, and many taxpayers will need to review their transfer pricing methodologies,” Wardell-Johnson said.Taxe authorities have said seven global technology, energy and resources companies will receive a combined bill for outstanding tax of AU$2 billion ($1.5 billion) by the end of June. The companies have not been named. Chevron loses appeal against $260 million Australia tax bill by Rod McGuirk, The Associated Press Posted Apr 21, 2017 6:42 am MDT Last Updated Apr 21, 2017 at 7:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more