Sri Lanka

On 19 October 2026, the Sri Lanka Inland Revenue Department (IRD) published a comprehensive notice detailing the procedure for taxpayers to obtain Tax Residency Certificates (TRC). This guidance is critical for residents seeking relief under Sri Lanka’s network of Double Taxation Avoidance Agreements (DTAAs). The notice references the relevant provisions of the Inland Revenue Act

The Inland Revenue Department issued a notice on 15 October 2026 specifying the payment deadlines for the Social Security Contribution Levy (SSCL) for the month of September 2026. The SSCL, governed by the Social Security Contribution Levy Act No. 25 of 2022, is imposed on the liable turnover of specified businesses at a rate of

On 15 October 2026, the IRD released a specific notice regarding the Value Added Tax on Financial Services (VAT on FS) for the month of September 2026. VAT on Financial Services is levied under the Value Added Tax Act No. 14 of 2002 (as amended) on the value addition attributable to financial services supplied by

The IRD published a notice on 15 October 2026 outlining the procedures for making Value Added Tax (VAT) payments and furnishing VAT returns for the month of September 2026. Under the VAT Act, registered persons with a taxable turnover exceeding the threshold must file monthly returns and remit the net tax liability by the last

On 5 October 2026, the Inland Revenue Department (IRD) of Sri Lanka published a new statement detailing the compounded stamp duty amounts and associated payment procedures. This notice serves as an official reference for taxpayers engaged in transactions subject to stamp duty under the Stamp Duty Act, providing clarity on the compounded rates applicable for

On 5 October 2026, the Inland Revenue Department issued a notice specifying the payment requirements for the Betting and Gaming Levy (BGL) on the gross collections of bookmakers and gaming businesses. This directive operates under the Betting and Gaming Levy Act, mandating that operators remit the levy calculated on total gross collections within the prescribed

Effective 2 October 2026, the Inland Revenue Department has mandated the verification of Taxpayer Identification Numbers (TIN) through its e-Services platform for a range of specified transactions. This measure, introduced under the Inland Revenue Act, aims to strengthen taxpayer identification, reduce fraud, and improve the integrity of the tax administration system. The notice lists the

On 28 September 2026, the IRD issued a reminder that the final income tax payment for the Year of Assessment (Y/A) 2025/2026 is due on 30 September 2026. This notice applies to all taxpayers, including individuals, partnerships, and corporations, who have a tax liability after accounting for advance payments and withholding taxes. The IRD emphasizes

On 26 September 2026, the Inland Revenue Department published an urgent tax payment notice highlighting that the final income tax payment for the Year of Assessment 2025/2026 falls due on 30 September 2026. This notice serves as a final reminder to all taxpayers who have not yet settled their outstanding tax liability for the assessment

On 25 September 2026, the IRD issued a public notice mandating the submission of a valid Taxpayer Identification Number (TIN) certificate for a defined list of specified transactions. This requirement, grounded in the Inland Revenue Act, applies to transactions such as immovable property transfers, motor vehicle registrations, share transfers, and opening of bank accounts. The