| dc.contributor.author | Gunewardena, Dileni | |
| dc.contributor.author | de Mel, Nishan | |
| dc.contributor.author | Moore, Mick | |
| dc.contributor.author | Devarajan, Shanta | |
| dc.contributor.author | Rajkulendran, Raj Prabu | |
| dc.contributor.author | Siyambalapitiya, Sumini | |
| dc.date.accessioned | 2024-03-18T13:47:08Z | |
| dc.date.available | 2024-03-18T13:47:08Z | |
| dc.date.issued | 2022-06 | |
| dc.identifier.uri | https://archive.veriteresearch.org/handle/456/6560 | |
| dc.description | 8p. The Background Notes of Verité Research Sri Lanka Economic Policy Group provide preliminary assessments, stating appropriate assumptions to overcome constraints in the availability of data. | en_US |
| dc.description.abstract | The note estimates the additional revenue that can be collected from reinstating in Sri Lanka two methods of efficient tax collection that were discontinued in 2020. That is: the withholding tax (WHT) and the pay-as-you-earn (PAYE) methods of tax collection. Without any change in the current, reduced, tax rates, and a WHT of 10% the additional revenue that can be collected is estimated to be 0.70% of GDP (which is LKR 184.2 billion in 2023). | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Colombo: Verite Research | en_US |
| dc.relation.ispartofseries | Background Note;No. 01 | |
| dc.subject | WHT - Withholding tax | en_US |
| dc.subject | PAYE tax - Pay-as-you-earn tax | en_US |
| dc.subject | Government revenue | en_US |
| dc.subject | GDP - Gross domestic product | en_US |
| dc.subject | Tax revenue | en_US |
| dc.subject | Tax policy | en_US |
| dc.title | Restoring Efficient Tax Collection Methods: Withholding Tax and Pay-As-You-Earn | en_US |
| dc.type | Other | en_US |
