Sri Lanka raises VAT registration threshold

Sep 13, 2016 | Richard Asquith

Sri Lanka is to increase the Value Added Tax threshold to RS 50 million per annum from RS 12 million. The change will apply to retailers and wholesalers.

Sri Lankan VAT was raised to 15% this year.

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VP Global Indirect Tax

Richard Asquith

VP Global Indirect Tax Richard Asquith

Richard Asquith is the former VP Global Indirect Tax at Avalara