📝 Summary
New revenue strategy exposes weaknesses in Sri Lanka’s taxation system Sri Lanka’s proposed medium-term tax reforms could fundamentally reshape the country’s taxation system, placing corporate tax concessions, high-income earners, property wealth, import privileges and longstanding VAT exemptions under renewed scrutiny. The Finance, Planning and Economic Development Ministry’s Medium-Term Revenue Strategy (MTRS) 2027-2031 signals a shift […] The post Tax Incentives, Wealth and Exemptions Face Government Crackdown appeared first on Lankanews.lk .