• Thu. Apr 25th, 2024

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  • 25% one-time income tax on 62 individuals and companies with over Rs. 2 billion turnover proposed in the budget 2022

25% one-time income tax on 62 individuals and companies with over Rs. 2 billion turnover proposed in the budget 2022

Sri Lanka’s Government proposed to impose a one-time surcharge tax of 25 percent on 62 individuals and companies with an annual turnover of more than Rs. 2 billion in the…