Sri Lanka increases VAT to 15-pct; imposes Capital Gains Tax

Sri Lanka increases VAT to 15-pct, imposes Capital Gains Tax

Mar 08, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe told Parliament that the government has decided to amend certain budget proposals applicable for this year. “We hope to amend few budget proposals in line with medium term objectives of the development activities of the government as well as considering the current global scenario […]