📝 Summary
Sri Lanka’s tax system is under renewed scrutiny over the imposition of Value Added Tax (VAT) and the Social Security Contribution Levy (SSCL) on the same categories of business activity, with retired Deputy Commissioner General of the Inland Revenue Department N. M. M. Mifly warning that overlapping taxes are increasing business costs, distorting economic incentives […] The post Double Taxation Trap Exposes Deep Flaws in Sri Lanka’s Tax Policy appeared first on Lankanews.lk .