See every side of every news story
Published loading...Updated

Sri Lanka’s 18% Digital VAT Risks Provoking Trump’s Wrath Amid U.S. Tariff Offensive

Summary by forumotion.com
Colombo, July 12, 2025 — Sri Lanka is bracing for potential diplomatic turbulence as it prepares to impose an 18% Value Added Tax (VAT) on digital services provided by non-resident tech giants primarily from the United States, starting October 1, 2025. This tax move directly affects companies like Facebook (Meta), Amazon, Netflix, Google, and X (formerly Twitter), all of which generate substantial revenue from Sri Lankan users despite having no …
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

forumotion.com broke the news in on Saturday, July 12, 2025.
Sources are mostly out of (0)