The income tax treaty between the Czech Republic and Sri Lanka entered into force on 16 October 2024.
The announcement was made by the Czech Ministry of Finance on 15 October 2024.
Both countries apply the credit method for the elimination of double taxation. The treaty, signed on 3 February 2023, replaces the 1978 tax agreement between Sri Lanka and the former Czechoslovakia.
The agreement will take effect on 1 January 2025.