Sri Lanka declares final tax payment deadline for AY 2020-21

Sri Lanka’s Inland Revenue Department (IRD) has reminded taxpayers that the first instalment of income tax for the Year of Assessment 2026/2027 is due by 15  August 2026. The deadline applies to Corporate Income Tax (CIT), Individual Income

India's Ministry of Finance (Department of Revenue) has issued Notification No. 88/2026 on 16 July 2026, confirming that the Protocol amending the 2013 income tax treaty with Sri Lanka entered into force on 19 June 2026. The amending protocol

Sri Lanka's Inland Revenue Department (IRD), on 3 July 2026, outlined sweeping changes to the country's Value Added Tax (VAT) regime following the certification of the Value Added Tax (Amendment) Act No. 14 of 2026 on 30 June 2026. The amendments

Sri Lanka has enacted the Value Added Tax (Amendment) Act, No. 14 of 2026, introducing a series of changes to the Value Added Tax Act, No. 14 of 2002, including revised rules for digital services supplied by non-residents, higher tax rates for

The Sri Lanka Inland Revenue Department issued Circular No. SEC/2026/E/04 on 8 June 2026, providing withholding agents with guidelines and explanatory notes on the deduction of withholding tax and advance income tax from various types of

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