- Sri Lanka expanded VAT to include non-resident digital service providers.
- Changes were made through an amendment effective from 1 April 2025.
- Non-resident providers supplying services to Sri Lankan customers must pay VAT.
- The Commissioner-General can set procedures for registration, VAT collection, and return filing.
- Electronic platform refers to websites or apps delivering services to recipients.
- Fixed place is a location with permanence and resources for service supply or receipt.
- Non-resident person is someone supplying services in Sri Lanka without a fixed business place.
- The amendment aims to align with global practices for taxing cross-border digital services.
Source: fintua.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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