Slovak Republic’s government approved a new income tax treaty with Sri Lanka designed to eliminate double taxation, strengthen economic cooperation, and combat tax avoidance and evasion, replacing the 1978 treaty.
The government of the Slovak Republic has approved the signing of a new income tax treaty with Sri Lanka via Resolution 251/2026 on 17 June 2026.
The agreement is intended to eliminate double taxation, strengthen economic cooperation, and curb tax avoidance and evasion. Its key provisions set out the allocation of taxing rights between the two jurisdictions across different categories of income, including business profits, dividends, and interest, and provide for reduced withholding tax rates in certain cases.
In the Slovak Republic, the treaty applies to personal income tax and corporate income tax. In Sri Lanka, it covers income tax, including taxes levied as a percentage of turnover for specific types of enterprises.
The new tax treaty with Sri Lanka will supersede the 1978 treaty concluded between Sri Lanka and the former Czechoslovak Socialist Republic as it pertains to the Slovak Republic.
The new agreement remains subject to finalisation, signature, and ratification before entering into force.
Earlier, the Slovak Republic launched a public consultation on a new income tax treaty with Sri Lanka, which ended on 31 March 2026.
