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3 godz. temu · Providing Tax breaks can incentivize property developers to invest in new projects, creating jobs and boosting local economies and stimulate Economic Growth, said Principal, Tax & Regulatory KPMG Sri Lanka, Suresh R.I. Perera. (Pictured) he opined this at the Chamber of Construction Industry hosted ...
17 cze 2024 · Finance Ministry says wealth tax focused on property aimed at affluent not average income earners; Suitable tax-free threshold to ensure tax is targeted on very high value property or multiple properties; Appropriate set off mechanisms to avoid double taxation; move to be implemented as an imputed rental income tax
3 godz. temu · The proposed Imputed Rental Income Tax next year could encourage a trend among Sri Lankan people to rent homes over homeownership which directly conflicts with the country’s housing policy ...
25 cze 2024 · The new property taxes are on the horizon, bringing significant changes to property taxation in Sri Lanka. Here’s a brief overview of what you need to know about the new imputed rental income tax, its impact, and how it might affect your financial planning.
19 gru 2023 · Recognizing its potential as a critical revenue source, the International Monetary Fund (IMF) has urged Sri Lanka to prioritize the implementation of a property tax system by 2025.
6 dni temu · Sri Lanka’s property market that had been hindered by several challenges including regulatory policies, economic volatility and rising material costs, is expected to well in the coming...
30 paź 2023 · Minister Siambalapitiya emphasized that this new property tax will primarily target individuals with extensive property holdings, including real estate assets. The move is seen as a vital step towards ensuring a more equitable tax system and enhancing revenue collection for the country.
