Sri Lanka

Corporate taxation

The standard tax rate is 28%, but the actual rate varies from 14% to 40% depending on the size and type of business.

Transfer pricing

Sri Lanka transfer pricing regulations are contained in Section 76 & 77 of the Inland Revenue Act, No. 24 of 2017. The legislation has been prepared in line with OECD Transfer Pricing Guidelines as well as UN TP Manual.

Links

• • • • • Transfer Pricing Country Profile
        • Transfer Pricing Dispute Resolution Profile
        • Tax Administration
        • Local Transfer Pricing Guidelines

Transfer Pricing Case Law