Sri Lanka: Procedure for withholding tax on payments to nonresidents
Notification specifying procedures published in the official gazette
The notification issued under section 86(7) of the Inland Revenue Act, No 24 of 2017, specifying the procedure for withholding tax on any payment to a nonresident person was published in the official gazette on December 11, 2024.
Read a January 2025 report prepared by the KPMG member firm in Sri Lanka