In a recent move to modernize its tax system, Sri Lanka has introduced an 18% Value Added Tax (VAT) on digital platform services. This new regulation aims to ensure that international and local digital service providers are subject to the same tax standards as traditional businesses. The change is expected to boost tax revenue and bring Sri Lanka’s VAT regulations in line with international practices.
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A Guide to Personal Income Tax in Sri Lanka: What You Need to Know
Sri Lanka’s personal income tax system is designed to ensure fair taxation based on individual earnings. Here’s what you should know: If you’re unsure about
March 25, 2025
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