Announcement
22 Feb 2017
Sri Lanka removed a 15% land lease tax on the rentals of land leased by foreigners.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
08 Jan 2017
Revocation date:
No revocation date
On 22 February 2017, Sri Lanka through Land (Restrictions on Alienation) (Amendment) Act, No. 3 OF 2017, removed the imposition of the Land Lease Tax at the rate of 15% on land leased to a foreigne...
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