Sri Lanka: IRD clarifies how to get a tax residency certificate
Sri Lanka’s Inland Revenue Department issued a notice to taxpayers on 19 October 2026 explaining how to obtain a Tax Residency Certificate (TRC). Individuals, companies and partnerships can all apply. Reasons to apply for a TRC Residents who
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Sri Lanka: IRD issues reminders on September 2026 VAT, financial services VAT deadlines
Sri Lanka’s Inland Revenue Department (IRD) has issued two notices reminding taxpayers of the deadlines for paying VAT and VAT on financial services and for filing the VAT return for September 2026. VAT payment and return In the first
See MoreSri Lanka abolishes land lease tax (LTT) for foreign buyers
Sri Lanka’s government has scrapped the land lease tax (LLT) that foreign buyers once paid on long leases. Foreigners still cannot buy land outright under the Land (Restrictions on Alienation) Act, so a lease of up to 99 years remains the only
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Sri Lanka: IRD reminds 2025/2026 corporate, individual taxpayers to file returns
Sri Lanka’s Inland Revenue Department (IRD) has reminded individual and corporate taxpayers that income tax returns for the Year of Assessment 2025/2026 must be submitted by 30 November 2026. The department called on all those obliged to file
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Sri Lanka reminds taxpayers to file September 2026 stamp duty return, make payments
Sri Lanka’s Inland Revenue Department, in a notice to taxpayers issued on 5 October 2026, has asked taxpayers to furnish the Statement of Stamp Duty Compounded and make the stamp duty payment for the quarter ending 30 September 2026 on or before
See MoreSri Lanka introduces mandatory TIN certificate for bank account, other transactions
Sri Lanka's Inland Revenue Department has announced that, with effect from 1 November 2026, every person specified under Section 102(3) of the Inland Revenue Act will be required to submit a valid Taxpayer Identification Number (TIN) certificate
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Sri Lanka reminds taxpayers of payment channels, warns of interest and penalty on late payment
Sri Lanka's Inland Revenue Department has issued a notice to taxpayers on the methods for paying taxes. It says interest and penalties will be imposed on non-payment or late payment, and that interest will not be waived or reduced. According to
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Sri Lanka: IRD reminds businesses, Individuals of 2025/26 tax deadline
Sri Lanka's Inland Revenue Department (IRD) has reminded taxpayers that the last date for final payment of income tax for the Year of Assessment 2025/2026 falls on 30 September 2026, and has urged them to make payments on or before the
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Sri Lanka: IRD reminds taxpayers of August VAT on financial services payment
Sri Lanka’s Inland Revenue Department (IRD) issued a payment reminder for VAT on Financial Services (VAT on FS) for the August 2026 payment period. The tax carries Tax Type Code 75, while the applicable Payment Period Code is 26080. Taxpayers
See MoreSri Lanka: IRD outlines VAT payment, filing requirements
Sri Lanka’s Inland Revenue Department (IRD) has issued a VAT Compliance notice setting out the payment and filing requirements for the August 2026 tax period. VAT payments for August 2026 must be made on or before 20 September 2026, while the
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Sri Lanka IRD reminds taxpayers of August 2026 AIT, WHT, APIT payment deadlines
Sri Lanka’s Inland Revenue Department (IRD) has reminded taxpayers to make tax payments withheld during August 2026 on or before 15 September 2026. The reminder covers Advance Income Tax (AIT), Withholding Tax (WHT) and Advance Personal Income
See MoreSri Lanka: IRD sets deadline for VAT payment, returns for July 2026
Sri Lanka’s Inland Revenue Department (IRD) has reminded taxpayers that Value Added Tax (VAT) for July 2026 must be paid by 20 August, with the corresponding VAT return due online by 31 August. The monthly filing applies under tax type code 70,
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Sri Lanka: IRD reminds taxpayers of first 2026/27 income tax instalment deadline
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
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Amending protocol to 2013 India, Sri Lanka income tax treaty enters into force
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
See MoreSri Lanka clarifies wide-ranging VAT reforms covering digital services, exemptions, compliance
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
See MoreSri Lanka enacts wide-ranging VAT 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
See MoreSri Lanka: IRD issues guidance on withholding tax deduction
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
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Slovak Republic to sign new income tax treaty with Sri Lanka
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
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