- Sri Lanka plans to apply VAT on B2C e-services for non-resident providers from March 2025
- Currently, foreign businesses do not have to charge VAT on digital services in Sri Lanka
- The proposed VAT rate is 18% to level the playing field between non-resident and resident providers
- The VAT will apply to services such as streaming games, music, apps, films, e-books, e-journals, and internet services
Source: fiscalsolutions.co.uk
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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