Dec 28, Colombo: The local government of Sri Lankan capital city, the Colombo Municipal Council (CMC), has decided to auction properties of tax defaulters from January 2014 to recover dues to the Council.
The CMC has said the tax defaulters owe over Rs. 1 billion in taxes to the Council.
CMC Commissioner Badrani Jayawardena said the CMC is compelled to auction properties since the owners have failed to pay rates and taxes for a long period of time and notices have been published in the local newspapers on the dates when the properties would be auctioned.
She explained that according to the law, properties of persons who have defaulted on the payment of rates and taxes could be acquired without going to Courts.
According to the official, some property owners have paid their dues in rates and taxes following the CMC notice published in the media.