AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
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Asia

Sri Lanka

Sri Lanka recently reformed its tax system, raising personal and corporate rates amid economic recovery.

Personal income tax

6–36%
Top marginal rate / range

Corporate tax

30%
Standard rate

VAT / Sales tax

18%
Standard indirect tax

At a glance

  • Tax year1 April – 31 March
  • Capital gains10%
Official Tax Authority Inland Revenue Department
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This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Sri Lanka's official tax authority (linked above) or a qualified tax professional before making any decision.