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  2. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    VAT = Valued Added Tax; BTW = Belasting op toegevoegde waarde South Korea 10% 0% (essential foodstuffs) VAT = bugagachise (Korean: 부가가치세; Hanja: 附加價値稅) Sri Lanka [155] 18% 0% VAT = Valued Added Tax has been in effect in Sri Lanka since 2001. On the 2001 budget, the rates have been revised to 12% and 0% from the previous 20% ...

  3. Taxation in Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Sri_Lanka

    Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy . The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes.

  4. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    0% (first €8,700 per year is tax free) 49.5% [172] 21% (standard rate) 9% (essential and selected goods) Under the new policy it is 36% with out a tax free limit. The old system presumes 7.6% gains for investments & 4% gains on banksaldo interest, taxed 36% Taxation in the Netherlands New Zealand: 28% 10.5% [173] 39% [174] 15% Taxation in New ...

  5. Sri Lanka approves free tourist visas for 35 countries to ...

    www.aol.com/news/sri-lanka-approves-free-tourist...

    Sri Lanka's cabinet approved issuing free tourist visas to visitors from 35 countries including China, India and Russia, a top official said on Thursday, in an effort to boost tourism and help ...

  6. Consumption tax - Wikipedia

    en.wikipedia.org/wiki/Consumption_tax

    Expenditure taxes were briefly implemented in the past in India and Sri Lanka. [2] This form of tax applies to the difference between an individual's income and any increase/decrease in savings. Simple personal consumption taxes are regressive with respect to income. However, because this tax applies on an individual basis, it can be made ...

  7. Departure tax - Wikipedia

    en.wikipedia.org/wiki/Departure_tax

    Sri Lanka: රු.193,080 (US$ 970.84) Departure tax is applicable to all departures from Sri Lanka. An additional $60 is charged for trips starting in Sri Lanka if the ticket is issued overseas. Taxes are included in the air fare. Sweden: European destinations – kr 61 (US$ 7.11) Medium range destinations – kr 255 (US$ 29.72)

  8. Capital gains tax - Wikipedia

    en.wikipedia.org/wiki/Capital_gains_tax

    Countries that do not impose a capital gains tax include Bahrain, Barbados, Belize, the Cayman Islands, the Isle of Man, [1] Jamaica, [2] New Zealand, Sri Lanka, Singapore, and others. In some countries, such as New Zealand and Singapore, professional traders and those who trade frequently are taxed on such profits as a business income.

  9. CIC Holdings - Wikipedia

    en.wikipedia.org/wiki/CIC_Holdings

    The company followed up this by changing its name to the current name in 2011. The company signed an agreement with the Sri Lanka Institute of Nanotechnology to develop a new herbicide formulation. The initiative is one of the first attempts to synthesize and formulate a herbicide locally in Sri Lanka. [5]