π Summary
Sri Lankaβs alcohol taxation system is facing fresh scrutiny after the International Monetary Fund (IMF) exposed an unusual disparity in excise duties imposed on imported and locally manufactured alcoholic beverages, warning that the unequal treatment could undermine government revenue, distort market competition and create opportunities for tax avoidance. In its Revenue Administration Diagnostic, the IMF [β¦] The post IMF Exposes Unequal Alcohol Taxes Undermining Revenue Neutrality appeared first on Lankanews.lk .