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Sri Lanka News




China, Sri Lanka FTA To Be Signed in June 2015

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

Friday, October 31, 2014

Sri Lanka's Deputy Secretary to the Treasury S. R. Attygalle has now said that the proposed free trade agreement between Sri Lanka and China will be signed in June 2015, delayed from an expected completion date at the end of this year. Read Full Story

 


Sri Lanka Imposes Land Transaction Tax On Foreigners

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

Wednesday, October 29, 2014

Non-residents will only be able to purchase land in Sri Lanka through long lease agreements and purchases will be subject to payment of a land lease tax, under the Land (Restrictions on Alienation) Act, which was recently given parliamentary approval. Read Full Story

 


Sri Lankan Budget Provides Tax Cuts

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

Monday, October 27, 2014

On October 24, Sri Lanka's President, Mahinda Rajapaksa, presented Sri Lanka's 2015 Budget, which aims to support the country's economic development. Read Full Story

 


Better Tax Administration In South Asia Said Key To Development

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 17, 2014

More efforts are needed to improve tax collection in countries in South Asia to address inequality, a new report from the World Bank says. Read Full Story

 


Japan, Sri Lanka Push For Trade Treaty

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

Wednesday, August 6, 2014

During their recent meeting in Colombo, the proposed Economic Partnership Agreement between Japan and Sri Lanka was the main topic of conversation between Rishad Bathiudeen, the Sri Lankan Minister of Industry and Commerce, and the Japanese Senior Vice Minister of Economy, Trade, and Industry, Kazuyoshi Akaba. Read Full Story

 


IMF Suggests Reforms In Sri Lanka To Boost Tax Revenue

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

Friday, September 27, 2013

The International Monetary Fund (IMF) issued a statement upon the conclusion of its staff mission to Sri Lanka in which it said that the country needs to enact tax reforms in order to enhance revenues. Read Full Story

 


Sri Lanka Hopes To Sign FTA With China

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

Thursday, September 19, 2013

The Sri Lankan Government hopes that it will be able to conclude a bilateral free trade agreement with China by November, according to the Investment Promotion Minister Lakshman Yapa Abeywardana. Read Full Story

 


USTR Issues GSP, AGOA Annual Reviews

by Mike Godfrey, Tax-News.com, Washington

Tuesday, January 3, 2012

United States Trade Representative Ron Kirk has announced the outcome of the 2010 Annual Review under the Generalized System of Preferences programme, as well as the results of the annual African Growth and Opportunity Act Eligibility Review. Read Full Story

 


Singapore Tops Asia-Pac 'Good Governance' Index

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

Wednesday, December 14, 2011

Vriens and Partners, an Asia-focused corporate advisory firm, has issued its 2011 ‘Good Governance for International Business’ index of 19 economies in the Asia-Pacific region, in which Singapore has edged out Hong Kong for the number one position. Read Full Story

 


Sri Lanka Urged To Broaden Tax Base

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

Wednesday, August 25, 2010

The International Monetary Fund has held discussions with Sri Lanka as part of an Article IV consultation and on the fourth review of the Stand-By Arrangement, approved on July 24, 2009. Read Full Story

 

 

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