Effect of Tax Structure on Income Inequality in Sri LankaTharani, KanthasamySiriwardhane, DineshaSilva, OshadhieAsian Finance Review (AFR)
Citing a report in the New York Times, I wrote two days ago about how excessive government spending is the real reason for economic and political turmoil in Sri Lanka and Bolivia. Kenya and Pakistan also were featured in the story, but I didn’t focus on those countries because I had pre...
Sri LankaLatvia TaiwanLiechtenstein ThailandLithuania UzbekistanLuxembourg VietnamMalta Netherlands Norway Poland Portugal Romania San Marino Slovak Republic Slovenia Spain Sweden Switzerland Ukraine United Kingdom Need Assistance to Meet Your Singapore Personal Tax Compilation and Filing?
ECONOMYNEXT – Sri Lanka’s budget for 2022 has proposed new taxes after a value added tax cut in 2019 for ‘fiscal stimulus’ devastated state revenues, triggering money printing which has resulted in a balance of payments crisis. The budget proposed to raise revenues from a revised 1,556 b...
Many of the largest and most influential industries in the global economy operate digitally as multi-sided platforms, catering to different groups who are
Channel Islands: Guidance on common errors in FATCA and CRS reporting (Jersey) Guidance addressing common errors in 2023 reporting February 4, 2025 News IRS practice units: Partnership liabilities, outside basis, and liquidating distributions; partial disposition of a building Five LB&I practice uni...
The only countries that have yet to join the agreement are Kenya, Nigeria, Pakistan, and Sri Lanka. United States Treasury Secretary Janet Yellen described the agreement as a "once-in-a-generation accomplishment for economic diplomacy".
MP Harsha, along with his team of analysts, embarked on an investigative journey to scrutinize the existing tax structures and their implications. Their findings shed light on two critical aspects of taxation in Sri Lanka: the Pay-as-you-earn (PAYE) tax and the Personal Income Ta...
By 27 November 2023, Indonesia has put 60 tax treaties to be covered by the Convention, whereby the applicability of the MLI is subject to whether or not those jurisdictions also included Indonesia in their notifications. US FATCA Indonesia has principally agreed to sign the Inter- Governmental ...
15%* 15%* 10%* 20%* 9%* NA* 22.5% 20%* 17%* 30% 21% to 40%* 24%* Bahrain Kuwait Oman Qatar Saudi Arabia UAE Egypt Jordan Lebanon Bangladesh Pakistan Sri Lanka Source: Respective KPMG member firms in the MESA region * Notes: Bahrain: For Oil and Gas industry, the rate is ...