- Sri Lanka postponed VAT on digital services to April 1, 2026.
- The delay is due to concerns from stakeholders and discussions with the IMF.
- The government aims to address compliance issues before implementation.
- Non-resident providers have more time to prepare for the new requirements.
- Foreign providers will need to register and apply an 18 percent VAT rate once implemented.
Source: vatabout.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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