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Star hotels paying regular taxes after action intensified

Gorkha Post

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KATHMANDU — The star hotels operating in the capital city are being harnessed once again for payment of due tax.

The Kathmandu Metropolitan City (KMC) has started legal action against hotels for tax evasion forcing even the renowned hotels to clamour to submit details related to tax.

KMC Revenue Division Chief, Dhruba Kafle, said the Hotel Everest, Yak and Yeti and Hyatt Hotel have arrived at the municipality with details for submission of tax.

The Radisson hotel, Hotel Shanker, Shangri La, Malla hotel and Yak and Yeti are other hotels to arrive with details. The hotels are required to make payments on tax subjects including land property tax, rental tax, vehicle tax and commercial tax.

“Many hotels have submitted the tax, but still many are resorting to evasive manoeuvres following the decision to take action,” Kafle said.

The Soaltee Crowne Plaza has submitted taxes on all the topics while Annapurna Hotel is yet to submit the automobile tax. The tax range of the hotels in average amounts to Rs 1 to 1.2 million a year if they submit it on a regular basis.

The KMC under the Section 165 and 920 of the Local Self-Governance Act, 2055 will be required to freeze the movable and immovable assets, stop renewal of license, halt rubbish collection and seal the trade transactions among others.

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Magnitude 8.2 quake rattles Fiji

Thompson Reuters

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A massive quake of magnitude 8.2 struck in the Pacific Ocean close to Fiji and Tonga on Sunday but it was so deep that it was not expected to cause any damage, the US Geological Survey (USGS) said.

The US Tsunami Warning Center also said the quake was too deep to cause a tsunami.

The quake was 347.7 miles (560 km) below the Earth which would have dampened the shaking at the surface.

“I would not expect any damage. People will feel it but it’s so deep that I would not expect any damage,” USGS geophysicist Jana Pursley said by telephone.

The quake was initially reported as a magnitude 8.0 and then upgraded to 8.2, a magnitude that could cause tremendous damage had it not been so deep.

The epicenter was located 167 miles (270 km) east of Levuka in Fiji and 275 miles (443 km) west of Neiafu in Tonga.

The area is located on the earthquake-prone Ring of Fire.

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