Sri Lanka has delayed the implementation of an 18% VAT on digital services provided by non-resident businesses, originally set for October 1, 2025, to April 1, 2026. This new tax aims to level the playing field between foreign and local digital service providers and will apply to services such as streaming, apps, e-books, 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.
Latest Posts in "Sri Lanka"
- Sri Lanka Postpones VAT on Electronic Platform Services Until April 2026
- Sri Lanka Introduces Risk-Based VAT Refund Scheme Effective October 2025
- Sri Lanka Delays 18% VAT on Non-Resident Electronic Services to April 2026
- Exporters Concerned Over VAT Transition Impact on Cash Flow and Export Competitiveness
- Sri Lankan Business Chambers Challenge SVAT Removal in Court Over Lack of Refund Mechanism
