Search Results for: Offal of fowls of the species Gallus domesticus cuts
tax changes included in the inland revenue (amendment) bill propose to make major revisions to sri lanka's corporate tax structure and interestingly, to substantially reduce the income tax rate on the so-called sin industries. the amendments propose to reduce the corporate income tax rate on liquor,
tobacco, betting and gaming to percent, from april , , from the current percent. at the same time, the standard tax rate on trading, banking, finance, insurance, etc. is proposed to be reduced to percent. thus, the difference between the standard corporate tax rate and the tax rate charged on the sin...
http://www.dailymirror.lk/breaking_news/Income-tax-bonanza-for-sin-industries/108-181781