Browsing Infographics by Subject "Value added tax"
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VAT to reach 20 year high from January
(Colombo: Verite Research, 2023-11-01)Initially introduced in 2002, the VAT comprised two tiers: a 10% rate applicable to certain goods and services, and a 20% rate for others. However, in 2004, these rates were unified to a 15% rate, which was officially ...