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Exported Services Income to Face 15% Tax Under New Assessment Rules - LNW Lanka News Web
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Exported Services Income to Face 15% Tax Under New Assessment Rules - LNW Lanka News Web
August 17, Colombo (LNW): Income generated by Sri Lankan residents from providing services to clients overseas will be subject to a maximum tax rate of 15 per cent from the 2025/26 year of assessment, according to the Inland Revenue Department. The clarification is particularly relevant to professionals and freelancers who receive payments from foreign customers through online marketplaces, digital platforms or other remote service arrangements.…
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