Sri Lanka Tax Update 2026

“Sri Lanka Tax Update 2026 – Key Amendments

IRD Public Notice (SEC/PN/IT/2026-04)

IRD Public Notice (SEC/PN/IT/2026-04) The Inland Revenue (Amendment) Act, No. 11 of 2026, effective 3 June 2026, introduces criminal prosecution provisions for certain income tax compliance failures. The Inland Revenue Department (IRD) states that these measures are intended to encourage voluntary compliance and deter deliberate tax evasion.

IRD Public Notice (SEC/PN/IT/2026-04) Read More »

Sri Lanka Tax Update 2026

Individual Tax Residence Rules – Key Changes Effective from 1 April 2025

Sri Lanka Clarifies Individual Tax Residence Rules – Key Changes Effective from 1 April 2025 The Government of Sri Lanka has introduced important amendments to the tax residence rules for individuals under the Inland Revenue Act. These changes, effective 1 April 2025, provide greater clarity on who is considered a tax resident in Sri Lanka

Individual Tax Residence Rules – Key Changes Effective from 1 April 2025 Read More »

Sri Lanka Tax Update 2026

Inland Revenue (Amendment) Act, No. 11 of 2026- Notice SEC/PN/IT/2026/02

Inland Revenue (Amendment) Act, No. 11 of 2026 – Key Tax Changes Every Sri Lankan Taxpayer Should Know Published by eFiling Tax Consultants The Inland Revenue (Amendment) Act, No. 11 of 2026, certified on 3 June 2026, introduces significant changes to Sri Lanka’s income tax framework. These amendments affect individuals, businesses, employers, investors, professionals, and

Inland Revenue (Amendment) Act, No. 11 of 2026- Notice SEC/PN/IT/2026/02 Read More »

Sri Lanka Tax Update 2026
Scroll to Top