Verité Research

🔴 𝐈𝐬 𝐒𝐫𝐢 𝐋𝐚𝐧𝐤𝐚'𝐬 𝐰𝐢𝐭𝐡𝐡𝐨𝐥𝐝𝐢𝐧𝐠 𝐭𝐚𝐱 𝐭𝐡𝐞 𝐥𝐨𝐰𝐞𝐬𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝?

The government increased the withholding tax in Sri Lanka last year from 5% to 10%.

However, even the new rate is extremely low compared to other countries.

See where Sri Lanka ranks globally and how WHT defers from other taxes below.

👉 For a deep understanding read our blog on https://www.publicfinance.lk/en/topics/sri-lanka-s-withholding-tax-remains-among-the-lowest-in-the-world-1778226446