Taxes in Sri Lanka

Changes to WHT & Introduction of Advance Income Tax

http://www.gajma.com/wp-content/uploads/2020/04/Changes-to-WHT-Introduction-of-Advance-Income-Tax.pdf
The Department of Inland Revenue has notified the recent statutory changes made to withholding tax (WHT). We have highlighted below withholding tax requirements which are effective from¬†January 1, 2020, based on the statutory changes stated in the said notice. Content WHT on payments to a resident person WHT on payments…