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Think tank recommends VAT rate increase in Sri Lanka

In view of the upcoming Budget 2022, Verité Research, an independent interdisciplinary think tank providing strategic analysis and advice for governments and the private sector in Asia, advised to increase the rate (currently 8%) between 8% and 10% next year, and to 10-12% in 2023, and to 12-15% in 2024.

Source: nation.lk

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