- Sri Lanka will introduce new tax changes by next month to increase government revenue.
- A value-added tax (VAT) will be imposed on digital services.
- The social security levy on sales will be replaced by VAT.
- Most will take effect in January 2025.
Source: globalvatcompliance.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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