Your partners for delinquent tax recovery, property auctions, and foreclosure services. Whether you’re looking for a long-term partner to help manage delinquent tax collections, government auctions, tax lien sales, or foreclosures, or you’re an investor looking to purchase property at auction, ...
“To compensate for any revenue losses, the Government already presented in Parliament measures including the introduction of VAT on digital services, the imposition of corporate income tax on export of services, and an increase in the corporate tax on cigarettes/liquor, and gaming.” The government...
Sri Lanka’s private credit is starting to pick up and any credit that is financed by excess liquidity will tend to pressure the currency as they are not linked to cash inflows in to the banking system at the time (new deposits and loan repayments). In December however there is a cash ...
Users can voluntarily enable or disable the function in the “Advanced-System-User Experience Improvement Program”. Enabling the function means you choose to participate in the TP-Link UEIP; while disabling the function means you opt out of the program....
2. Value Added Tax (VAT) Each member state of the EU has its own standard VAT rate which usually ranges between 15% to 27%. This tax applies to the total sum of the product's value and the customs duty. The exact amount depends on which EU member state you export...
1. Timely and accurate payment of export duties, taxes, and other fees. China has a complex system ofexport duties, taxes, and fees that vary depending on the nature of the goods being shipped, their destination, and other factors. Some goods may be subject to value-added tax (VA...
(Lanka-e-News -21.Feb.2025, 11.20 PM) Sri Lanka’s tax system is a bureaucratic maze—three different government departments, three different sets of rules, and three different sets of decision-makers, Read more >> Census Shocker: The Great Population Plot Twist of Sri Lanka..! -By A...
The Sri Lankan tax system has direct taxes as well as indirect taxes; the administrative and supervisory body is the Department of Inland Revenue (“DIR”). b. Main Categories and Rates of Tax a) Income Tax Income tax is based on the residency rule and charged in accordance with the Inlan...
Aragalaya uprising nor the appointment of Ranil Wickremesinghe have affected the business tycoons of the country. Whatever the price that the people of the country have paid for the collapse of the economy or the rising the prices of daily rations or unbearable and merciless tax ...
ECONOMYNEXT – The Ceylon Chamber of Commerce has commended Sri Lanka’s 2025 Budget for maintaining policy consistency by retaining the existing tax framework and avoiding ad-hoc tax measures to match the expenditure proposals. “The Ceylon Chamber of Commerce welcomes bold proposals in the budget ...