VATupdate

Share this post on

Opposition Successfully Advocates for VAT Equality in Digital Services

  • SJB MP Dr. Harsha de Silva advocates for fair taxation for software and digital services
  • IRD acknowledges the importance of applying VAT based on where services are consumed
  • IRD directed to formulate a plan within a week to create a level-playing field for all players
  • MP Dr. Harsha de Silva champions fairness for local software companies against foreign counterparts
  • Breakthrough achieved in discussions on VAT for software and digital service providers at the Committee on Public Finance

Source: ft.lk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner