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Sri Lanka President knew revenues will be lost, VAT cut to remain for 5-years: Jayasundera

Sri Lanka’s President Gotabaya Rajapaksa knew revenue will be lost by tax cuts but he considered it an investment, and an 8 percent tax rate slashed from 15 percent, will remain unchanged for 5 -years, a top official said.

https://economynext.com/sri-lanka-president-knew-revenues-will-be-lost-vat-cut-to-remain-for-5-years-jayasundera-80405/

EconomyNext
2021-04-04