Sri Lanka News

OECD Releases E-Commerce VAT Toolkit For Asia-Pac States

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 21, 2022

On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Read Full Story

Hong Kong Discusses US Termination Of Shipping Tax Pact

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, August 25, 2021

The Hong Kong Government has said it is looking at potential measures to support the shipping industry following the decision by the US Government to terminate the two territories' agreement that exempted shipping industry income from tax. Read Full Story

OECD Receives Backing For Historic International Tax Overhaul

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 6, 2021

The OECD has said 131 countries and jurisdictions have put their name to an international agreement on an overhaul to tax rules for the digitalized economy and for large multinational businesses. Read Full Story

Philippines Senate Approves Double Taxation Treaties

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, February 21, 2018

On February 19 the Philippines Senate adopted three resolutions ratifying agreements for the avoidance of double taxation with Mexico, Thailand, and Sri Lanka. Read Full Story

Netherlands Confirms Tax Treaty Negotiation Priorities

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 31, 2018

The Netherlands will seek to resume discussions towards double taxation avoidance treaties with several countries in 2018, including the United States, the Government has said. Read Full Story

Singapore, Sri Lanka Sign Free Trade Pact

by Mary Swire, Tax-News.com, Hong Kong

Friday, January 26, 2018

Sri Lanka signed its first ever comprehensive free trade agreement on January 23, with Singapore. Read Full Story

China, Maldives Agree Free Trade Agreement

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, September 19, 2017

China and the Maldives have completed negotiations towards a free trade deal, it was announced after the fifth round of negotiations on September 16. Read Full Story

Sri Lanka Should Plug Revenue Holes: IMF

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, August 16, 2017

Sri Lanka is planning to revamp its tax system to reverse a steady erosion of its tax base over the past two decades, the International Monetary Fund has said. Read Full Story

China, Sri Lanka Back Free Trade Talks

by Mary Swire, Tax-News.com, Hong Kong

Thursday, April 13, 2017

Leaders from China and Sri Lanka have voiced support for a proposed bilateral free trade agreement at a recent meeting. Read Full Story

US Anti-Subsidy Duties Finalized For Indian, Sri Lankan Tires

by Mike Godfrey, Tax-News.com, Washington

Friday, January 6, 2017

On January 4, the Department of Commerce announced its final decision that, while Indian manufacturers/exporters have not dumped the same products into the United States at less than fair value, it will impose anti-subsidy countervailing duties on the imports of certain new pneumatic off-the-road tires. Read Full Story

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