Sri Lanka: Procedure for withholding tax on payments to nonresidents

Notification specifying procedures published in the official gazette

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January 6, 2025

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

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