Sri Lanka to Implement VAT on Digital Services and Tax Housing to Boost Revenue

• Sri Lanka plans to implement several tax changes by next month.
• The changes aim to boost government revenues.
• These changes include imposing VAT on digital services and taxing housing.
• The information comes from a report by the International Monetary Fund.
• The report followed a review of the IMF’s program with Sri Lanka.

Source: news.bloombergtax.com

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.

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