Budget proposals to Changes to Indirect Taxes
Inshira Hanifa
March 3, 2025
Foreigners permitted to undertake investments in Sri Lanka under the new exchange control regulations
Broadly, foreigners are permitted to engage in the following capital transactions (Prescribed Investments) in Sri Lanka without having to obtain approval under exchange control laws:
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公寓单位须缴纳增值税 (Condominium Units to be Subject to VAT )
Condominium units will be subject to VAT with effect from 1st April 2018. However, VAT will not be payable in respect of condominium units where
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Repatriation of sale proceeds of immovable property (land and buildings) in Sri Lanka held by residents outside Sri Lanka
Licensed commercial banks are permitted to repatriate sale proceeds including capitals gains paid by a resident to a non-resident on the sale of immovable property.
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Migration Allowances granted to Sri Lankan resident overseas – New Exchange Control Regulations
Sri Lankan nationals who have obtained PR or Citizenship in another country, including dual citizenship are eligible for migration allowances (Migration Allowance) which include proceeds
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Sri Lankans Permitted to Invest Overseas – New Exchange Control Regulations in Sri Lanka
In terms of the new Exchange Control Regulations in Sri Lanka (New Regulations) that came into effect on the 20th of November 2017 Sri Lankan
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Holiday Entitlements Under the Sri Lankan Labour Law
Employment in Sri Lanka is governed by several Acts and Statutes. The Shop and Office Employees (Regulation of Employment and Remuneration) Act No 19 of
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இலங்கையில் இலாப வரி
2018 ஏப்ரல் மாதம் 01 ஆம் திகதி தொடக்கம் நடைமுறைப்படுத்தப்படும் புதிய உள்நாட்டு இறைவரிச் சட்டம் முதலீட்டு சொத்துக்கள் கிடைப்பதன் அடிப்படையில் இலாப வரி ஒன்று (ஊயிவையட புயiளெ வூயஒ) (ஊபுவூ) அறிமுகப்படுத்தப்படுகின்றது. புதிய
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