Policy and Regulation

Sri Lanka to Impose 15% Tax on Freelancers and Individuals’ Forex Earnings

Individuals in Sri Lanka, including freelancers earning foreign exchange through services provided to external clients, will be subject to a 15% tax starting.

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Finance

Cabinet Approves Amendments to Streamline Tax Appeal Process

The Cabinet of Ministers has approved a set of amendments aimed at expediting the tax appeal process to address delays that have impeded.

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